Oil stabilizes as weak demand outlook tempers decline in US stocks

LONDON: Oil prices stabilized on Thursday, as decline in US inventories last week was tempered by a stronger dollar and a new wave of COVID-19 cases in Europe which has led several countries to reimpose restrictions of travel. Brent futures were up 10 cents, or 0.2%, to $ 41.87 a barrel at 11:00 GMT, while […]

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