Oil prices decline as demand worries linger


  • World
  • Friday, 29 Jan 2021

NEW YORK, Jan. 28 (Xinhua) -- Oil prices moved lower on Thursday as soaring COVID-19 infectors continue to spark fears over weaker fuel demand.

The West Texas Intermediate for March delivery lost 51 cents to settle at 52.34 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery decreased 28 cents to close at 55.53 dollars a barrel on the London ICE Futures Exchange.

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