Oil prices slip as pandemic takes toll on India’s fuel sales

LONDON: Oil prices fell on Monday as a catastrophic second wave of a coronavirus epidemic in India cut short a recovery in oil demand there, offsetting optimism about a strong rebound in demand in developed countries and China in the second half of the year.
Brent crude futures for July fell 15 cents, or 0.2 percent, to $66.61 a barrel by 0244 GMT while US West Texas Intermediate for June was at $63.48 a barrel, down 10 cents, or 0.2 percent.