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Oil falls as European lockdowns dim demand recovery hopes

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Global crude oil prices dropped approximately 1% on Monday as renewed European lockdowns may raise concerns over recovery in demand for fuel products, according to Reuters. Brent crude was down 69 cents (1.1%) at $63.84 a barrel by 07:55 GMT. U.S. oil was off by $1.03 (1.7%) at $60.39 a barrel. Both contracts fell by […] The post Oil falls as European lockdowns dim demand recovery hopes appeared first on Știri online, ultimele știri, presa online, ziar online - Sursazilei.ro .

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