Oil dips as lockdowns counter Covid-19 vaccine hopes

Concern for near term fuel demand saw prices inch down after surging 8% in the prior session on hopes of Covid-19 vaccine

Rise and fall: oil prices dipped in early trade on Tuesday on concerns for near term fuel demand — Rise and fall: oil prices dipped in early trade on Tuesday on concerns for near term fuel demandPhoto: AP/SCANPIX

Reuters

USA Pfizer JP Morgan American Petroleum Institute Energy Information Administration

Published 10 November 2020, 06:37Updated 10 November 2020, 06:37