LONDON (Reuters) - Oil prices fell on Wednesday on fears about fresh
outbreaks of COVID-19 but prices drew some support from stimulus
measures and positive tests of a drug that could save some critically
ill patients.
Brent crude was down 38 cents, or 0.9%, at $40.58 a barrel at 1335
GMT. U.S. West Texas Intermediate (WTI) fell 56 cents, or 1.5%, to
$37.82 a barrel. The World Health Organization said it was moving to update its guidelines after results showed the corticosteroid medication dexamethasone cut death rates by about a third among the most severely ill COVID-19 patients.
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