Investing.com investing.com 11 Jan, 2021 06:30 am

Oil prices fall on renewed coronavirus concerns as China cases mount By Reuters

Oil prices fall on renewed coronavirus concerns as China cases mount By Reuters
Oil prices fall on renewed coronavirus concerns as China cases mount

FILE PHOTO: Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub By Jessica Jaganathan SINGAPORE (Reuters) - Oil prices fell on Monday on renewed concerns about global fuel demand amid strict coronavirus lockdowns in Europe and new movement restrictions in China, the world's second-largest oil user, after a jump in cases there.Oil Down Over Rising Number of COVID-19 Cases, Fuel Demand Worries p By Gina Lee Investing.com – Oil was down Monday morning in Asia over renewed fuel demand worries as ever-rising numbers of global COVID-19 cases see more countries, most recently.Mainland China saw its biggest daily increase in COVID-19 cases in more than five months, the country's national health authority said on Monday, as new infections in Hebei province, which surrounds the capital Beijing, continued to rise.

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