Oil prices fall as spike in COVID-19 cases in China dampens demand outlook
Oil prices fell by over 2 per cent on Thursday as surging COVID-19 cases in China dimmed hopes of a recovery in fuel demand for the world’s largest crude oil importer. Brent futures for February fell $1.67, or 2.01 per cent, to $81.59 a barrel by 0953 GMT. The more active March contract fell 1.79…
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