Oil fell nearly 5% on Wednesday after slumping in the previous session, weighed down by demand concerns stemming from the state of the global economy and rising COVID cases in China. Brent futures fell $3.75 to $78.35 a barrel for a 4.6% loss by 1:02 a.m. EST (1802 GMT). U.S. crude dropped $3.57,...
https://www.hellenicshippingnews.com/oil-prices-fall-nearly-5-on-worry-over-global-economy/