Crude oil down as inventories and COVID vaccine halt threaten demand

Crude oil down as inventories and COVID vaccine halt threaten demand
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17.03.2021

MOSCOW (MRC) -- Oil prices fell for a third day, as a recovery in demand was threatened by rising US inventories and moves by Germany, France and some other European states to suspend the use of a major coronavirus vaccine, reported Reuters.Brent was down USD1.11 cents, or 1.6%, at USD67.77 a barrel by 1325 GMT. U.S. crude fell USD1.17, or 1.7%, at USD64.22.Germany, France and Italy said

Full article at mrcplast.com

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