Oil falls more than 1% as surging COVID-19 cases stoke demand fears - Business News, Finance News, Share Market News - Market trendz

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Monday, 26 October 2020

Oil falls more than 1% as surging COVID-19 cases stoke demand fears

Brent crude was down by 53 cents, or 1.3%, at $41.24 by 0052 GMT. U.S. West Texas Intermediate (WTI) dropped 53 cents, or 1.3%, to $39.32, having fallen more than a dollar shortly after the start of trading. Brent fell 2.7% last week and WTI dropped 2.5%.

from Commodities-Markets-Economic Times
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