Oil falls as US stimulus squabbles, coronavirus surges sour mood

Oil prices dropped on Tuesday as the prospects for the rapid approval of new US economic stimulus waned while increasing new coronavirus infections raised questions over the pace of any recovery in demand. Brent crude was down 28 cents, or 0.5%, at $55.60 by 0747 GMT, while US crude fell 26 cents, or 0.5%, to […]

from Daily Times https://ift.tt/3onn2jF