TOKYO: Oil prices dipped on Tuesday on jitters that a rise in coronavirus infections around the world could hurt fuel demand, but hopes that production cuts could be extended kept declines in check.
Brent crude was down 14 cents, or 0.4%, at $39.58 a barrel at 0027 GMT, having gained 2.6% on Monday. U.S. oil fell 24 cents, or 0.7%, to $36.88 a barrel, after closing 2.4% higher in the previous session.
