Oil falls as COVID-19 spike stokes fuel demand fears - THEMARKETTRENDZ

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Thursday, 12 November 2020

Oil falls as COVID-19 spike stokes fuel demand fears

U.S. West Texas Intermediate (WTI) crude futures dropped 40 cents, or 1.0%, to $40.72 a barrel by 0118 GMT, having lost 0.8% on Thursday. Brent crude was down 36 cents, or 0.8%, at $43.17 a barrel, after dropping 0.6% on Thursday. For the week, both were headed for a surge of about 10%.

from Commodities-Markets-Economic Times
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