Finance

Oil prices drop 4% as new lockdowns undermine hopes for economic recovery

Prices fall as demand concerns dominate

Lockdown: soldiers check commuters as authorities in Santiago, Chile announced the re-instatement of city-wide quarantine lockdown to help contain the spread of Covid-19
Lockdown: soldiers check commuters as authorities in Santiago, Chile announced the re-instatement of city-wide quarantine lockdown to help contain the spread of Covid-19Photo: AP/SCANPIX
  • Reuters
Oil PriceUSAOpec+CovidAmericas
Published 25 March 2021, 20:36Updated 25 March 2021, 20:36