Tue. Jan 26th, 2021

BREAKING: Oil prices fall after Trump tested positive to Covid-19

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Oil prices further fell around 2% on Friday after United States President Donald Trump announced that he tested positive for the coronavirus.

Brent crude slipped on the news and was down 78 cents, or 1.9%, at $40.53 a barrel at 0516 GMT. U.S. oil was 79 cents, or 2%, lower at $37.93.

In a tweet, Trump said he and First Lady Melania Trump tested positive for COVID-19. Trump said earlier he had started a quarantine process after Hope Hicks, a top adviser, had returned a positive test.

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