Finance

Oil hits skids, drops 7% on worsening outlook for coronavirus in Europe

US and Brent futures fall by most since 2020

Vaccine hits: outlook for fuel demand as the European caseload of Covid-19 increases while concerns regarding the AstraZeneca vaccine slow down progress
Vaccine hits: outlook for fuel demand as the European caseload of Covid-19 increases while concerns regarding the AstraZeneca vaccine slow down progressPhoto: AFP/SCANPIX
  • Reuters
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Published 18 March 2021, 22:00Updated 18 March 2021, 22:00