Post Tagged with: "oil slides"

Source: Reuters

Oil slides on COVID-19 resurgence and strong dollar

Reuters


LONDON – Oil prices fell on Friday, dragged down by concerns that a spike in COVID-19 cases in Europe and the United States is curtailing demand in two of the world’s biggest fuel consuming regions, while a stronger U.S. …

Oil slides over 2% as new lockdowns threaten demand recovery

Oil slides over 2% as new lockdowns threaten demand recovery

Reuters


NEW YORK – Oil prices slipped over 2% on Thursday as new restrictions to stem a surge in COVID-19 infections increased uncertainty over the outlook for economic growth and a recovery in fuel demand.

Brent futures LCOc1 fell $1.00, …