Production

Oil dips as spike in Covid-19 cases causes concern for demand

Rise in US stockpiles also weighs on market sentiment

Falling prices: both benchmarks dipped in early trade following a spike in coronavirus cases in the US and China
Falling prices: both benchmarks dipped in early trade following a spike in coronavirus cases in the US and ChinaPhoto: AP/SCANPIX
  • Reuters
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Published 18 June 2020, 04:03Updated 18 June 2020, 04:03