Oil stabilizes as virus cases boost demand outlook

Oil stabilizes as virus cases boost demand outlook

LONDON – Oil prices were flat on Monday, but on track for their first monthly decline since April, as rising coronavirus cases continue to raise concerns about demand. Brent rose 12 cents, or 0.3%, to $ 42.04 a barrel at 11:51 a.m. GMT. US West Texas Intermediate was $ 40.36 a barrel, up 11 cents […]

The post Oil stabilizes as virus cases boost demand outlook appeared first on USNewsRank.

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