London — Oil prices fell on Tuesday, adding to the previous session’s losses after California tightened its pandemic lockdown to beyond Christmas and coronavirus cases surged in the US and Europe.
Globally, a sharp rise in coronavirus cases has led to a string of renewed lockdowns, including strict measures in California, Germany and South Korea. France may have to delay unwinding some lockdown restrictions next week, government sources said, after signs the downward trend in new cases had flattened out after shops were allowed to reopen late last month.
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