By Bozorgmehr Sharafedin LONDON (Reuters) - Oil prices fell on Monday as coronavirus cases increased in many countries across the globe, but investors remained cautiously optimistic about ongoing talks over a European Union-wide recovery fund to revive economies affected by the pandemic. Brent crude was down 19 cents, or 0.4%, at $42.95 a barrel by 0845 GMT, and U.S. oil slipped 19 cents, or 0.5%, to $40.40 a barrel. "As things stand, prices are not likely to produce any sizeable gains very soon, until a signal that the pandemic slows down. And even though in Europe the ...
Oil falls as virus infections rise, eyes on European Union recovery plan
Brent crude was down 24 cents, or 0.6%, at $42.90 per barrel by 0943 GMT while US West Texas Intermediate (WTI) slipped 23 cents, or 0.6%, to $40.36