OIL PRICE: NOT ABOVE $56 AGAIN
REUTERS - JANUARY 26, 2021 - Oil prices dropped on Tuesday as the prospects for the rapid approval of new U.S. economic stimulus waned while increasing new coronavirus infections raised questions over the pace of any recovery in demand.
Brent crude was down 28 cents, or 0.5%, at $55.60 by 0747 GMT, while U.S. crude fell 26 cents, or 0.5%, to $52.51. Both rose nearly 1% on Monday.
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