Oil drops as much as possible OPEC + increase in supply, COVID-19 spike weighs on sentiment

Oil drops as much as possible OPEC + increase in supply, COVID-19 spike weighs on sentiment

TOKYO: Oil prices fell on Friday over fears that major producers will move forward with plans to ease their supply reductions, even as COVID-19 cases spike in Europe and the United States. United is reducing demand in two of the world’s largest fuel-consuming regions. Brent futures for December fell 22 cents, or 0.5%, to $ […]

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