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Oil falls on fears of coronavirus second wave

FILE PHOTO: Drilling rigs operate at sunset in Midland
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LONDON (Reuters) - Oil prices fell on Monday as a new wave of coronavirus infections in some countries and concern over a persistent glut cancelled out support from supply cuts by the world's biggest producers.Brent crude was down $1.11, or 3.6%, at $29.86 a barrel by 0916 GMT, while U.S. West Texas Intermediate crude fell 92 cents, or 3.7%, to $23.82.Possible signs of a second wave of..
Date Published: May 11, 2020
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