Post Tagged with: "surging Covid cases"

Source: CNBC

Crude falls 4% more on surging Covid cases, following worst week since October for oil

CNBC


Oil prices slid Monday, building on last week’s steep losses, as rising Covid cases prompted fears of a demand slowdown.

West Texas Intermediate crude futures declined 3.6% to trade at $65.85 per barrel. The contract traded as low as …