Oil slips as rising coronavirus cases, U.S.-China tensions weigh on markets

Oil prices edged down on Monday as rising coronavirus cases and tensions between the United States and China pushed investors toward safe-haven assets. Brent crude dipped 10 cents, or 0.2%, to $43.24 a barrel by 0041 GMT while U.S. West Texas Intermediate (WTI) crude was at $41.24 a barrel, down 5 cents. Global coronavirus cases, meanwhile, exceeded 16 million. …read more

Source:: Yahoo Finance

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