Oil dips as rise on worries rising Covid-19 cases could derail demand recovery

Data showing Japan's oil imports fell 14.7% in June also adds to demand concern

Worries for demand: the rapid rise in Covid-19 cases is stoking concerns for fuel demand
Worries for demand: the rapid rise in Covid-19 cases is stoking concerns for fuel demandPhoto: AP/SCANPIX
Published 20 July 2020, 05:56Updated 20 July 2020, 05:56