OIL PRICE: ABOVE $43 TOO
REUTERS - AUGUST 4, 2020- Oil prices eased on Tuesday amid concerns that a fresh wave of COVID-19 infections will see a global demand recovery stalling due to tighter lockdowns, just as major producers ramp up output.
U.S. West Texas Intermediate (WTI) crude futures were down 68 cents, or 1.7%, at $40.33 a barrel at 1020 GMT, while Brent crude futures were 72 cents, or 1.7%, lower at $43.43 a barrel.
The slide comes after WTI rose 1.8% and Brent climbed 1.5% on Monday…
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.