Oil Down as Ever-Rising COVID-19 Numbers in India Fans Fuel Demand Worries By Investing.com – Investing.com

  • Date: 13-May-2021
  • Source: Investing.com
  • Sector:Healthcare
  • Country:Gulf
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Oil Down as Ever-Rising COVID-19 Numbers in India Fans Fuel Demand Worries By Investing.com – Investing.com

By Gina Lee

Investing.com – Oil was down Thursday morning in Asia over concerns about the ever-surging numbers of COVID-19 cases in India and after the U.S. released a draw of crude inventory.

fell 0.94% to $68.67 by 12:26 AM ET (4:26 AM GMT) and slid 0.98% to $65.43.