Oil prices fall as fuel demand concerns grow after end of US driving season

Topics Oil Prices | Crude Oil Price | USA


By Sonali Paul and Seng Li Peng MELBOURNE/SINGAPORE (Reuters) - Oil prices fell on Tuesday amid concerns that a possible rise in COVID-19 cases following the U.S. Labor Day long weekend, which also marks the end of the peak U.S. driving season, could squeeze demand for fuel. Coronavirus cases rose in 22 of the 50 U.

S. states, a Reuters analysis showed, on the holiday weekend traditionally filled with gatherings to mark the end of summer. At the same time cases are flaring up in India and Britain. U.S. West Texas Intermediate (WTI).

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