Sunday, June 21, 2026
Oil dips as COVID-19 cases, lockdowns outweigh vaccination news- oil and gas 360

Oil dips as COVID-19 cases, lockdowns outweigh vaccination news

Reuters NEW YORK -Oil prices edged lower on Tuesday, extending the previous session’s losses after the U.S. state of California tightened its pandemic lockdown through Christmas and COVID-19 cases surged in the United States and Europe. Brent crude fell 3 cents to $48.76 a barrel by 10:34 a.. EST (1534 GMT), while U.S. West Texas Intermediate (WTI) crude futures lost