Today’s Crude Oil News Updated by Gates Commodity

Oil prices slid for a second straight session on Monday as coronavirus cases rose in the United States and other places, leading some countries to resume partial lockdowns that could hurt fuel demand.

Brent crude (LCOc1) dropped 83 cents, or 2%, to $40.19 a barrel by 0456 GMT, while U.S. crude (CLc1) was at $37.69, down 80 cents, or 2.1%.

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