Oil drops for second day as worsening pandemic threatens weaker demand

Oil drops for second day as worsening pandemic threatens weaker demand

Oil prices fell nearly 1% on Friday, extending losses into a second day as rising crude production comes amid a worsening COVID-19 pandemic that threatens to bring more restrictions on movements and consumption that are likely to affect fuel demand. Brent was down 36 cents, or 0.9%, to $ 40.57 a barrel at 12:55 a.m. […]

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