Oil falls, rally ends as U.S. sees resurgence of coronavirus infections

June 12, 2020 admin Business News Comments Off on Oil falls, rally ends as U.S. sees resurgence of coronavirus infections

Oil prices fell on Friday, extending big losses from overnight as U.S. coronavirus cases surged this week and raised the prospect of a second wave of the COVID-19 outbreak hitting demand in the world’s top consumer of crude and fuel.

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Source:: Reuters – Business News