Oil prices fall back on concerns over Covid-19 cases


TOKYO: Oil prices fell on Tuesday, paring earlier gains, as expectations that major producers will not boost supply any time soon were outweighed by worries over slowing demand amid a spike in the Delta variant of coronavirus infections.

Brent crude was down 51 cents, or 0.7%, at $69.00 per barrel as of 0703 GMT, after rising as high as $69.77 earlier in the session.

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Brent , WTI , Shale oil , OPEC+

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