Oil rises but gains capped by coronavirus worries

Market bolstered earlier by Wall Street surge, IEA demand forecast

Signals: Market-watcher fear coronavirus 'second wave' — Signals: Market-watcher fear coronavirus 'second wave'Photo: AP/SCANPIX

Reuters

International Energy Agency IEA USA Texas American Petroleum Institute

Published 16 June 2020, 22:46Updated 16 June 2020, 22:47