New York-Sana
Oil prices closed lower today after US stock numbers showed weak demand for refined products in conjunction with a global surge in Covid-19 cases.
Brent crude futures fell $ 1.33, equivalent to 3.3 percent, to determine the settlement price at $ 41.73 a barrel.
And US West Texas Intermediate crude futures fell $ 1.67, or 4 percent, to close at $ 40.03.
Crude stocks decreased by one million barrels over the week ending October 16 to 488.1 million barrels, while gasoline inventories increased in continuation of weak demand for fuel.