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Oil slumps as European Covid-19 lockdowns fuel demand concerns

Uncertainty over the US election result also weighs on oil prices in early trade on Friday

Uncertain outlook: oil prices fell amid rising Covid-19 cases and uncertainty over the US election result
Uncertain outlook: oil prices fell amid rising Covid-19 cases and uncertainty over the US election resultPhoto: REUTERS/SCANPIX
  • Reuters
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Published 6 November 2020, 06:26Updated 6 November 2020, 06:26