Oil Drops Second Day As Surging Coronavirus Cases Prompt Demand Worries

Oil prices fell for a second day on Wednesday, extending big losses from the previous session amid rising concerns about fuel demand as the coronavirus pandemic worsens.

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Exclusive: Rosneft, Aramco Unlikely To Bid For BPCL Stake - Sources

Rosneft and Saudi Aramco are unlikely to bid in the privatisation of Indian refiner Bharat Petroleum Corp, sources familiar with the matter said, as low oil prices and weak demand curb their investment plans.

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Asian Markets Dip As Investors Brace For U.S. Presidential Debate

Asian shares slipped and the dollar was under pressure on Wednesday in the lead up to the first U.S. presidential debate, as financial markets looked to take a measure of both candidates.

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World Bank Seeks Board Approval For $12 Billion Coronavirus Vaccine Financing Plan

World Bank President David Malpass said on Tuesday he is seeking board approval for a $12 billion (£9.33 billion) coronavirus vaccine financing plan to help poor and developing countries secure a sufficient share of vaccine doses when they become available in the coming months.

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Indian House Prices to Fall 6% This Year, Risk to Downside Due to Covid-19, Says Study

Most new housing projects are either unsold or delayed due to the Covid-19 at the fastest rate in the world – causing massive job losses, pay cuts and migration of labour out of top-tier cities.

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Oil Falls As Demand Worries Counter U.S. Stimulus Hopes

Oil prices fell on Tuesday, paring gains from the previous session, as persistent demand concerns due to the coronavirus pandemic outweighed hopes for a new U.S. stimulus package.

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Gold Nudges Up As Dollar Tepid Ahead Of Trump-Biden Debate

Gold prices edged up on Tuesday as the U.S. dollar retreated from a twomonth high, with investors looking forward to the first U.S. presidential debate and developments on a new U.S. coronavirus relief bill.

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