Oil slashes weekly gain amid rise of virus and election uncertainty – Houston Chronicle

Oil slashes weekly gain amid rise of virus and election uncertainty – Houston Chronicle

Oil slashed its weekly gain as a resurgent pandemic raised the risk of further destruction of demand, as the market awaits the outcome of a hotly contested US election. Futures in New York fell 4.3% on Friday, the biggest day-long drop in more than a week. Rising expectations for OPEC + delaying the expected increase […]

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