Oil selloff pauses, but outlook shaky on surging coronavirus cases, supply woes - Business News, Finance News, Share Market News - Market trendz

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Tuesday, 27 October 2020

Oil selloff pauses, but outlook shaky on surging coronavirus cases, supply woes

In early Asia, Brent crude was up 12 cents, or 0.3%, at $40.58 a barrel by 0039 GMT, having dropped more than 3% overnight. U.S. oil was up 13 cents, or 03%, at $38.69 a barrel, after also declining more than 3% on Monday.

from Commodities-Markets-Economic Times
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