Oil prices down, COVID-19 weighs hard on traders
Oil traders are concerned about the blurred demand outlook in the short term.
Oil traders are concerned about the blurred demand outlook in the short term.
Crude prices printed their third weekly loss in four at the end of its most recent trading session.
Amid rising COVID-19 caseloads and other militating factors, the greenback recently surged high.
In Thursday's trading session, Crude oil prices fell
Top tech brands drifted lower, as investors fretted over uncertainty around the COVID-19 pandemic.
Currency traders are now adding more bets on the U.S dollar especially against the euro.
Gold futures was down 0.89% to trade at $1,890.60 an ounce on Wednesday's trading session.
The US dollar is stronger this morning on the back of a marked drop in risk appetite in European and ...
Oil benchmarks fell around 4% on Monday following rising concerns of increased coronavirus cases.
Futures contracts on the S&P 500 Index plunged by 1.4% at the time this report.
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