Oil falls on renewed U.S.-China tensions, global glut

MOSCOW (MRC) -- Oil prices fell on worries that a global oil glut may persist even as coronavirus pandemic lockdowns start to ease and amid a fresh spat between the United States and China over the origin of the virus, said Hydrocarbonprocessing.Brent crude was down 7 cents, or 0.3%, at $26.37 at 1339 GMT, while U.S. West Texas Intermediate (WTI) crude fell 39 cents, or 2%, to USD19.39.Wh

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