Oil settles lower after US inventories hit another record

Rising Covid-19 cases in China and US also weigh on commodity prices

Coronavirus worries: weak demand feared as number of cases rise — Coronavirus worries: weak demand feared as number of cases risePhoto: REUTERS/SCANPIX

Reuters

USA China World Health Organization Beijing Shale

Published 17 June 2020, 21:19Updated 17 June 2020, 21:21