Oil prices slip as surging COVID-19 cases overshadow vaccine hopes - THEMARKETTRENDZ

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Wednesday, 18 November 2020

Oil prices slip as surging COVID-19 cases overshadow vaccine hopes

"The spread of coronavirus infection and fresh restrictions in the United States and other parts of the world hit market sentiment as it would hamper fuel demand," said Kazuhiko Saito, chief analyst at Fujitomi Co. "Investors are also booking profits from the recent rally before the U.S. Thanksgiving holiday later this month," he said.

from Commodities-Markets-Economic Times
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