Oil prices ease as coronavirus infections rise

TOKYO (Reuters) - Oil prices dipped on Tuesday on jitters that a rise in coronavirus infections around the world could hurt fuel demand, but hopes that production cuts could be extended kept declines in check. Brent crude was down 14 cents, or 0.4%, at $39.58 a barrel at 0027 GMT, having gained 2.6% on Monday.

The post Oil prices ease as coronavirus infections rise appeared first on Firstpost.

from Firstpost