UK: Oil falls as virus infections rise, eyes on EU recovery plan
LONDON (Reuters) - Oil prices fell on Monday as coronavirus cases increased in many countries across the globe, but investors remained cautiously optimistic about ongoing talks over a European Union-wide recovery fund to revive economies affected by the pandemic.
Brent crude LCOc1 was down 24 cents, or 0.6%, at $42.90 per barrel by 0943 GMT while U.S. West Texas Intermediate (WTI) CLc1 slipped 23 cents, or 0.6%, to $40.36.