By Reuters | MELBOURNE |
Topics Oil Prices | Crude Oil
By Sonali Paul
MELBOURNE (Reuters) - Oil futures fell in early trade on Thursday, paring overnight gains, on worries about fuel demand after data showed U.S. crude stockpiles rose last week, rather than dropping as expected, and COVID-19 cases continued to rise around the world.
U.S. West Texas Intermediate (WTI) crude futures fell 20 cents, or 0.5%, to $37.
85 a barrel at 0056 GMT, after climbing 3.5% on Wednesday. Brent crude futures dropped 14 cents, or 0.3% to $40.65 a barrel, after rising 2.5% on Wednesday. As coronavirus.
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