Oil drops as Covid-19 surges threaten fuel demand outlook


MELBOURNE: Oil prices dropped for a second day on Tuesday on worries about slower fuel demand growth as outbreaks of the highly contagious COVID-19 variant Delta sparked new mobility restrictions around the world.

Brent crude futures fell 35 cents, or 0.5%, to $74.33 a barrel by 0706 GMT, after slumping 2% on Monday.

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Brent , EIA , OPEC+ , WTI

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