Oil extends losses as coronavirus spike cools demand hopes

Oil prices slid for a second straight session on Monday as coronavirus cases rose in the United States and other places, leading some countries to resume partial lockdowns that could hurt fuel demand. Brent crude dropped 83 cents, or 2%, to $40.19 a barrel by 0456 GMT, while US crude was at $37.69, down 80 […]

from Daily Times https://ift.tt/3ggBhTP