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Oil prices slip on worries of possible coronavirus lockdowns

Oil prices slipped on Tuesday as worries that lockdowns to fight a new surge in coronavirus cases could hit short-term demand, outweighed hopes for a vaccine and the possibility of tighter OPEC+ supply policies.
 
Brent futures fell 33 cents to $43.49 a barrel, while U.S. crude fell 23 cents to $41.11.
 
To tackle weaker energy demand, Saudi Arabia called on fellow OPEC+ members to be flexible in responding to oil market needs as it builds the case for a tighter oil production policy in 2021.
 
                                    


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