Oil Prices Fall Back Below $40 On New COVID Fears

Oil prices have fallen below $40 as the U.S. sees a record spike in COVID-19 cases and fears of demand weakness increase.For Global Energy Alert members there are now two new free reports available in your dashboard. The first of these reports is on how to interpret stock charts and the second outlines the three biggest mistakes made by traders today. Make sure you become a member to read these reports and many more.Friday, June 26th, 2020The two-month oil rally has stalled, with WTI falling back to $38 per barrel. The resurgence of Covid-19 across…