Oil prices drop amid supply glut, fears of second coronavirus wave

Oil prices fall 1% as glut weighs

FILE PHOTO: The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. Picture taken November 24, 2019. REUTERS/Angus Mordant/File Photo NEW YORK (Reuters) – Oil prices opened about 1% lower on...