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Oil falls in market worried about demand

The prices of Petroleum They fell slightly on Friday after gaining ground earlier in the day, in a market affected by the effects of the coronavirus pandemic on demand.

The North Sea Brent barrel for delivery in August ended at $ 41.02 in London, down 0.1% from Thursday’s close.

In New York, meanwhile, the barrel of WTI For August delivery it lost 0.6% at $ 38.49.

In the week, Brent lost 2.8%, and WTI, 3.2 percent.

“The high rates of contamination by COVID-19 they can provoke further confinements and therefore reduce the demand “for crude, said Bjornar Tonhaugen, of Rystad Energy.

JM

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