MELBOURNE/SINGAPORE, July 7 (Reuters): Oil prices fell on Tuesday amid concerns that a surge in new coronavirus cases, especially in the United States, will hamper any recovery in fuel demand.
U.S. West Texas Intermediate (WTI) crude futures fell 54 cents, or 1.3%, to US$40.09 a barrel at 0703 GMT, well off an earlier high of US$40.79.
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