Oil falls on fears of second virus wave

Oil falls on fears of second virus wave

Oil prices fell overnight as investors worried about a second wave of coronavirus infections, but new output cuts from Saudi Arabia tempered worries about oversupply and limited price losses. Brent crude futures lost $US1.37, or 4.4 per cent, to settle at $US29.60 a...
Oil falls on fears of second virus wave

US stocks slip on fears of new virus wave

The S&P 500 and Dow Jones indexes have retreated after last week’s rally, as investors worry about a second wave of coronavirus infections with the reopening of several economies. Germany and South Korea reported a surge in new COVID-19 cases on Sunday, in...