Tag: Fall
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Oil prices fall as rising coronavirus case numbers cast shadow over fuel demand pickup
Oil prices slid on Tuesday amid concerns that a nascent recovery in fuel demand could stall as a fresh wave of COVID-19 infections around the world sparks tighter lockdowns. This is just as major producers ramp up output. U.S. West Texas Intermediate (WTI) crude futures fell 30 cents, or 0.7 per cent to $40.71 a…