Crude futures pare back overnight gains on pandemic concerns

Crude futures pare back overnight gains on pandemic concerns
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11.11.2020

MOSCOW (MRC) --В Crude oil prices pared back sharp overnight gains in mid-morning trade in Asia Nov. 10 as concerns over weak near-term demand fundamentals weighed on the rally spurred by the announcement of progress in the development of a vaccine, according to S&P Global.At 10.40 am Singapore time (0240 GMT), ICE Brent January crude futures were down 46 cents/b (1.08%) from the Nov. 9 s

Full article at mrcplast.com

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