Oil prices tumble amid demand worries


  • World
  • Tuesday, 27 Oct 2020

NEW YORK, Oct. 26 (Xinhua) -- Oil prices fell noticeably on Monday as surging COVID-19 infections reignited fears over energy demand.

The West Texas Intermediate (WTI) for December delivery lost 1.29 U.S. dollars to settle at 38.56 dollars a barrel on the New York Mercantile Exchange, while Brent crude for December delivery shed 1.31 dollars to close at 40.46 dollars a barrel on the London ICE Futures Exchange.

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