NEW YORK: Oil prices fell nearly 1% on Thursday, weighed down by the steady rise in coronavirus infections and as the outcome of the U.S. presidential election had still not been settled.
Brent crude settled down US30 cents, or 0.7%, at $40.93 a barrel and U.S. West Texas Intermediate (WTI) crude was down 36 cents, or 0.9%, at $38.79. Both contracts jumped about 4% on Wednesday.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!