TOKYO, Oct 16 (Reuters): Oil prices slid on Friday, dragged down by concerns that a spike in COVID-19 cases in Europe and the United States is curtailing demand in two of the world's biggest fuel consuming regions, while a stronger US dollar also added to pressure.
Brent crude futures for December dropped 38 cents, or 0.9%, to US$42.78 a barrel by 0708 GMT, while US West Texas Intermediate (WTI) crude futures for November delivery slid 35 cents, or 0.9%, to US$40.61 a barrel.
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