Production

Oil futures extend losses in early trade

Crude futures extend losses on Friday after succumbing to heavy losses as rising cases of Covid-19 in the US fan fears of second wave infections

More market woes: oil prices continued to tumble on Friday as fears of a second wave of Covid-19 cases in the US weighed on demand prospects
More market woes: oil prices continued to tumble on Friday as fears of a second wave of Covid-19 cases in the US weighed on demand prospectsPhoto: AP/SCANPIX
  • Nassir Shirkhani
Tehran
BrentBloombergBart MelekUS West Texas InternationalWest Texas Intermediate
Published 12 June 2020, 06:28Updated 12 June 2020, 06:28