NEW YORK: Oil prices lost $3 per barrel on Thursday as worries about demand due to new pandemic restrictions in Europe countered supply concerns that had lifted prices a day earlier when a container ship blocked the Suez Canal, .
Brent crude slid fell $2.79, or 4.3%, to $61.62 a barrel by 11:20 a.m. EDT (1520 GMT). US West Texas Intermediate (WTI) crude fell $3.20, or 5.2%, to $57.98 a barrel.