Crude prices fell for the second straight session, plunging by nearly four percent on Wednesday as rapidly rising numbers of Covid-19 infections worldwide spur oversupply concerns.
Futures for international benchmark Brent were down 3.89 percent, trading at 37.60 a barrel, hitting its lowest level since mid-June. US West Texas Intermediate (WTI) crude for December delivery faced similar losses, settling at $35.92 per barrel by noon on Wednesday.
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