Production

Oil steady as rising coronavirus cases offset falling US inventories

Prices move little in early trade as concern remains for fuel demand despite US inventory decline

Concern for fuel demand: as rising Covid-19 cases offset a fall in US oil inventories
Concern for fuel demand: as rising Covid-19 cases offset a fall in US oil inventoriesPhoto: REUTERS/SCANPIX
  • Reuters
CoronavirusproductionUSAEIAStephen Innes
Published 30 July 2020, 05:29Updated 30 July 2020, 05:29