Oil drops as short-term demand worries eclipse relief from COVID-19 vaccine

Oil drops as short-term demand worries eclipse relief from COVID-19 vaccine

MELBOURNE: Oil prices fell on Tuesday as concerns over short-term fuel demand in coronavirus-hit Europe and the United States returned to haunt the market after an overnight push on progress towards a COVID vaccine -19. U.S. West Texas Intermediate (WTI) crude futures fell 60 cents, or 1.5%, to $ 39.69 a barrel at 0139 GMT, […]

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