Oil Slumps, Hitting Six-week Lows On Revived Supply Concerns

Oil prices slumped on Wednesday, driving major benchmarks to their lowest closing levels since early October, after OPEC and the International Energy Agency warned of impending oversupply and rising COVID19 cases in Europe increased the downside risks to demand recovery.

from Top Business News- News18.com https://ift.tt/3qNjoo4