Oil prices drop 2% as Covid-19 vaccine halt threatens demand


Oil prices fell for a third day on Tuesday, as moves by Germany, France and other European states suspended the use of a major coronavirus vaccine, which threatens the recovery of fuel demand.   Brent was down $1.10, or 1.6%, to $67.78 a barrel by 10:58 a.m.

EDT (1458 GMT). US crude fell $1.26, or 1.9%, to $64.13 a barrel.   Earlier this month, Brent reached its highest since early 2020, while US crude hit a 2018 high.   Germany, France and Italy said they would suspend the use of the Oxford/AstraZeneca.....

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