News Article(permalink)
US oil prices accelerated losses Wednesday to shed more than five percent in value, as traders fretted that the worsening coronavirus crisis would further slash the world's appetite for crude. At about 1310 GMT, New York's main contract, West Texas Intermediate crude for delivery in December, tumbled 5.4 percent to $37.44 per barrel. London's Brent North Sea crude for the same month was down 4.6 percent at $39.32. bp-rfj/rl
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Factors
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Date published
2020-10-28

