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Oil eases in the midst of rising covid-19 cases around the globe
July 20, 2020
Source: Reuters

Oil eases in the midst of rising covid-19 cases around the globe

Oil prices fell on Monday, startled by the possibility that a recovery in fuel demand could be crashed by a rise in the pace of coronavirus infection around the globe. Brent crude was down 25 at $42.89 a barrel, while the U.S. WTI was off by 22 cents, at $40.37 a barrel. While fuel demand has recovered from a 30% drop in April, usage is still below pre-pandemic levels.

   Read More About : Brent Price Oil Prices WTI coronavirus
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