Oil plunges over 5% to four-month low as pandemic surges, U.S. crude output soars
NEW YORK (Reuters) - Oil prices fell more than 5% on Wednesday, sending Brent to a four-month low as surging coronavirus infections in the United States and Europe prompted renewed lockdowns and fed expectations for new declines in fuel demand. Also pressuring prices, U.S. crude stockpiles rose mor»»»
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