Oil Extends Drop Below $ 43 With Headwinds In Demand – Houston Chronicle
Oil has dropped as the coronavirus pandemic continues to cloud the demand outlook.
The European economy unexpectedly lost momentum this month, raising concerns over energy consumption and highlighting the challenge of growth. The region is fighting to control a new spike in virus cases while trying to avoid further lockdowns.
Since prices hit a five-month high earlier this month, U.S. crude…
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