Oil extends loss Friday on India COVID-19 cases (Update)


Brent crude oil futures were down 35 cents, or 0.5%, at US$66.70 a barrel by 0200 GMT, while West Texas Intermediate (WTI) was down 28 cents, or 0.4%, at $63.54 a barrel

SINGAPORE: Oil prices fell on Friday after dropping about 3% a day earlier as coronavirus cases remained high in major oil consumer India and as a key fuel pipeline in the United States resumed operations after being shut due to a cyber attack.

Brent crude oil futures were down 35 cents, or 0.5%, at US$66.70 a barrel by 0200 GMT, while West Texas Intermediate (WTI) was down 28 cents, or 0.4%, at $63.54 a barrel.

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Oil price , Brent , U.S. oil , WTI , India , coronavirus , US , pipeline ,

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