SINGAPORE: Oil prices fell for a second day on Wednesday on renewed demand concerns as coronavirus cases in Asia rise and on fears rising inflation might lead the U.S. Federal Reserve to raise interest rates, which could limit economic growth.
Brent crude futures fell 57 cents, or 0.8%, to $68.14 a barrel at 0642 GMT. It settled 1.1% lower on Tuesday after briefly climbing above $70 earlier in the session.
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