Oil dips as global coronavirus cases rise

Prices slip but an anticipated fall in US oil stockpiles helps limit losses in early trade

Demand concern: the rise in Covid-19 cases worldwide is rattling oil prices — Demand concern: the rise in Covid-19 cases worldwide is rattling oil pricesPhoto: REUTERS/SCANPIX

Reuters

USA China Joe Biden Stephen Innes American Petroleum Institute

Published 12 January 2021, 02:28Updated 12 January 2021, 02:28