Global crude oil prices fall amid rising COVID-19 cases

Category : Politics & Social | Sub Category : Social Posted on 2020-08-04 15:44:28

Global crude oil prices today fell on fears about the economic fallout from rising COVID-19 cases around the globe.Crude prices also fell amid oversupply worries as OPEC and its allies are set to wind back output cuts in August.  In intra-day trade, Brent crude prices were trading around 43 dollars and 40 cents per barrel while WTI crude prices were around 40 dollars and 40 cents per barrel.