Crude oil futures fall on bearish US export data, escalating coronavirus restrictions

Crude oil futures fall on bearish US export data, escalating coronavirus restrictions
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20.10.2020

MOSCOW (MRC) -- Crude futures fell during mid-morning Asian trade Oct. 16, extending overnight losses, as a decline in US exports and escalating coronavirus restrictions overshadowed the large draw in US crude inventories, reported S&P Global.At 10.45 am Singapore time (0245 GMT), ICE Brent December crude futures were down 30 cents/b (0.7%) from the Oct. 15 settle to USD42.86/b, while the

Full article at mrcplast.com

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