Oil plunges over 5per cent as pandemic surges, US crude stockpiles, output soar
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Oil prices fell more than 5per cent, sending Brent to a four-month low on Wednesday as surging coronavirus infections in the United States and Europe lead to renewed lockdowns and expectations that unsteady economic demand will worsen.Oil plunges over 5per cent as pandemic surges, US crude stockpiles, output soar
Oil prices fell more than 5per cent, sending Brent to a four-month low on Wednesday as surging coronavirus infections in the United States and Europe lead to renewed lockdowns and expectations that unsteady economic demand will worsen. Read more