Oil slips as Covid-19 lockdowns cause concern for demand

Largest daily increase in Covid-19 cases in China for more than five months rattles market along with European lockdowns

Covid cases on the rise: China recording its largest number of daily Covid-19 infections in more than five months weighed on oil prices on Monday
Covid cases on the rise: China recording its largest number of daily Covid-19 infections in more than five months weighed on oil prices on MondayPhoto: REUTERS/SCANPIX
Published 11 January 2021, 04:20Updated 11 January 2021, 04:20