Oil slips on surge in US Covid-19 cases

Early gains have been swiftly wiped out on growing concern for a recovery in demand from the world's largest oil consumer

Weighing on prices: a surge in coronavirus cases in the US has fueled concern for demand
Weighing on prices: a surge in coronavirus cases in the US has fueled concern for demandPhoto: AFP/SCANPIX
Published 7 July 2020, 04:39Updated 7 July 2020, 04:39