Crude oil prices down as US virus spike stokes demand worries
Oil prices fell on Tuesday amid concerns that a surge in new coronavirus
cases, especially in the United States, will hamper any recovery in fuel
demand.
Brent crude futures declined by 44 cents, or 1.02 per cent, to $42.66, by
0935 GMT, after hitting a high of $43.19.
US West Texas Intermediate (WTI) crude futures fell 53 cents, or 1.3 per
cent, to $40.10 a barrel, after a high of $40.79.