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Oil prices fell around 2% on Thursday as a spike in new coronavirus cases in China and the United States renewed fears that people would stay home, stalling a recovery in fuel demand even as lockdowns ease. WTI crude futures dropped 2.1% to $37.16, adding to a loss of 42 cents on Wednesday. Brent crude futures fell 1.5% to $40.10 a barrel. The benchmark contract declined 25 cents on Wednesday.
