Oil extends losses with 4% slump on renewed lockdowns

WorldNews

Published

LONDON (Reuters) – Oil prices fell 4% on Thursday to their lowest since mid-June, extending the previous day’s sharp decline on the potential impact renewed coronavirus lockdowns will have on oil demand. December Brent crude futures were down $1.52, or 3.9%, at $37.60 by 1029 GMT. The more active January contract lost $1.48 a barrel to...

Full Article