Oil prices fall on rising COVID-19 infections in Asia, inflation fears

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By Poppy in Business
Updated 3 years ago

Oil prices fell for a second day on Wednesday on renewed demand concerns as coronavirus cases in Asia rise and on fears of rising inflation might lead the U.S. Federal Reserve to raise interest rates, which could limit economic growth. Brent crude futures fell 73 cents, or 1.1%, to $67.98...

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