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Oil prices at one-month low on demand worries

Oil prices extended losses on Thursday, falling by more than 2% to their lowest point since early August, as worries about weaker U.S. gasoline demand and a sluggish economic recovery from the COVID-19 pandemic dented sentiment. Brent crude LCOc1 fell $1, or 2.25%, to $43.43 a barrel by...

Almost 84,000 virus cases in a day spark fear in India

India Thursday witnessed another single day spike of 83,883 in new COVID-19 cases, sparking fear that the South Asian nation may soon become the worst-hit country in the world. According to an update issued by the country’s Health Ministry, the nation has now a total of 3.85 million...