Oil slips as Covid-19 lockdowns raise demand concerns

Rise in US oil inventories also weighs on prices in early trade on Monday

Lockdowns weigh on demand: France re-imposed a monthlong nationwide lockdown aimed at slowing the spread of the coronavirus — Lockdowns weigh on demand: France re-imposed a monthlong nationwide lockdown aimed at slowing the spread of the coronavirusPhoto: REUTERS/SCANPIX

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Published 25 January 2021, 06:08Updated 25 January 2021, 06:08