Byusnewsr1-

Jan 18, 2021

Oil drops on coronavirus fears, strong dollar

Oil drops on coronavirus fears, strong dollar

Oil prices fell on Monday due to a stronger dollar, fears over the surge in COVID-19 cases around the world and slow vaccination against the virus offset a better-than-expected quarterly rebound for the Chinese economy. Brent fell 16 cents, or 0.3%, to $ 54.94 a barrel at 2:45 p.m. GMT, and U.S. West Texas Intermediate […]
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