Oil extends losses as rising virus cases spur demand worries
TOKYO/LONDON: Oil prices fell for a second day on Wednesday as rising coronavirus cases prompted concerns about further restrictions on global economic activity that could curb fuel demand.
Brent crude for November delivery dropped 57 cents, or 1.4%, to $40.46 per barrel by 1005 GMT. West Texas Intermediate fell 14 cents, or 0.4%, to $39.15.
