Oil falls on fears of second wave of coronavirus cases

Concerns of a resurgence in the virus which has already hit demand offset calls by Opec-leader Saudi Arabia for further production cuts

Fears of a second wave: concerns of a resurgence in coronavirus cases as lockdown measures are eased weighed on oil prices in early trade
Fears of a second wave: concerns of a resurgence in coronavirus cases as lockdown measures are eased weighed on oil prices in early tradePhoto: AP/SCANPIX
Published 13 May 2020, 06:04Updated 13 May 2020, 06:04
USASaudi ArabiaOpecStephen InnesAnthony Fauci