Oil slips as new lockdowns threaten recovery in demand

Oil slips as new lockdowns threaten recovery in demand

LONDON: Oil prices fell on Thursday as new restrictions aimed at stemming a surge in COVID-19 infections increased uncertainty over the outlook for economic growth and a recovery in fuel demand. Brent futures fell 70 cents, 1.6% to $ 42.62 a barrel at 0905 GMT, while US West Texas Intermediate (WTI) crude futures fell 69 […]

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