China cases rise and South Korea sees second spike North American producers not making cuts Lockdowns eased around Europe Fears demand may dip again just as recovery starts A second wave of coronavirus cases could cause economies to grind to a halt again if lockdowns are re-introduced. This would have an adverse effect on crude demand and could cause another dip in prices. On Monday, China announced that it was seeing a new spike in cases, weeks after the original epicentre of Wuhan was re-opened to let its citizens travel freely and schools and workplaces re-opened.
展开▼
