Oil stabilizes but coronavirus and supply pressures remain


LONDON: Oil prices stabilized on Tuesday but remained under pressure from the threat on demand of a global resurgence of coronavirus cases and rising Libyan production. Brent futures were trading 2 cents higher at $ 42.64 a barrel at 13:55 GMT. November’s West Texas Intermediate (WTI) U.S. crude futures fell 37 cents, or 0.9%, to […]

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