Oil Prices Hover Around Multi-Week Lows On Demand Worries….LIVE NEWS UPDATE BY ROYAL TRADERS

LIVE NEWS !!!

 Oil prices were hovering around multi-week lows on Thursday as worries about falling U.S. gasoline demand and sluggish economic recovery from the COVID-19 pandemic dented sentiment.

U.S. West Texas Intermediate (WTI) crude (CLc1) futures were up 4 cents, or 0.10%, at $41.55 a barrel by 0626 GMT. Brent crude (LCOc1) dipped 1 cent, or 0.02%, to $44.42 a barrel.

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