Oil prices slip for fourth day on Europe demand concern: IEA report

Oil slipped for a fourth day on Wednesday as concerns about weaker demand in Europe outweighed an industry report that showed US crude inventories unexpectedly fell last week.   Several European countries have paused the use of AstraZeneca's Covid-19 vaccine due to worries over possible side effects. Germany is seeing rising coronavirus cases, while Italy is imposing a nationwide Easter lockdown.   Brent crude fell $1.

00, or 1.5%, to $67.39 a barrel by 1310 GMT. US West Texas Intermediate (WTI) crude dropped 72 cents,.

This article is no longer available in our repository.

There could be multiple reasons for this.