Oil Rises, But Prospects Bleak As Coronavirus Cases And Supply Rise
TOKYO: Oil prices rose on Tuesday after recent large losses, but market sentiment remains subdued as soaring COVID-19 cases around the world have hurt the outlook for crude demand as supply increases. Brent was up 33 cents, or 0.8%, at $ 40.79 a barrel at 7:51 a.m. GMT. US oil gained 28 cents, or 0.7%, […]
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