Oil falls 1% on sluggish coronavirus recovery, supply concerns

Opec+ expects oil demand in 2020 to fall by 9.1 million barrels per day

Oil price: Brent crude futures settled down 1.2% at $44.35 a barrel — Oil price: Brent crude futures settled down 1.2% at $44.35 a barrelPhoto: REUTERS/SCANPIX

Reuters

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Published 21 August 2020, 21:36Updated 21 August 2020, 21:36