United States Oil Fund (USO): EU and now US shutdowns to weigh on oil...

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Tuesday, 11/10/2020 10:18:18 AM

Tuesday, November 10, 2020 10:18:18 AM

EU and now US shutdowns to weigh on oil

(Reuters) - Renewed restrictions in Europe and the United States to combat the coronavirus have slowed the pace of fuel demand recovery, offsetting a rebound in Asian economies where consumption has almost returned to pre-COVID levels.

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