Oil Prices Slip As COVID-19 Case Surge Dents Fuel Demand Hopes…. LIVE NEWS UPDATE BY ROYAL TRADERS

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Oil prices dipped on Thursday as a surge of coronavirus infections around the globe raised fears a rebound in fuel demand would stutter just as major oil producers are set to raise output in August.
 
U.S. West Texas Intermediate (WTI) crude futures fell 6 cents, or 0.2%, to $41.21 a barrel at 0130 GMT, while Brent crude futures lost 7 cents, also 0.2%, to $43.68 a barrel.
 
 

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