Oil drops on new Covid-19 lockdowns

But US data showing drop in crude stocks halted price slide later in day

Covid-19: Demand recovery seen stalling on fresh restrictions — Covid-19: Demand recovery seen stalling on fresh restrictionsPhoto: AP/SCANPIX

Reuters

US Energy Information Administration EIA USA Europe Britain

Published 15 October 2020, 21:29Updated 15 October 2020, 21:29