Tuesday, 29 September 2020

Oil prices fall on mounting demand recovery concerns

U.S. benchmark crude futures fell as much as 2.2%. Global confirmed deaths from the coronavirus -- which has eviscerated energy demand -- topped 1 million. Meanwhile, three of the world’s biggest independent oil traders said consumption won’t meaningfully recover for at least another 18 months and Total SE said demand growth will end around 2030. ...»

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