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Oil prices extend slump as US coronavirus cases climb
June 12, 2020
Source: Reuters

Oil prices extend slump as US coronavirus cases climb

Oil prices slid early, extending heavy overnight losses on a surge in coronavirus cases across the US this week, raising the concerns of a second wave of the outbreak. WTI was 0.41% higher at $36.49 a barrel. Brent crude was up 0.52%, at $38.75 a barrel, having dropped nearly 8% in the previous session.

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