Oil falls as rising coronavirus cases fuel demand concerns

Fresh outbreak of Covid-19 in the US and China weighs on oil prices

Falling prices: oil dropped in early trade as fresh coronavirus outbreaks in the US and China caused concern for fuel demand
Falling prices: oil dropped in early trade as fresh coronavirus outbreaks in the US and China caused concern for fuel demandPhoto: REUTERS/SCANPIX
Published 16 June 2020, 04:06Updated 16 June 2020, 04:06