Commodities Oil falls more than 1% as surging COVID-19 cases stoke demand fears Updated : October 26, 2020 08:36 AM IST Brent crude and US West Texas Intermediate (WTI) dropped 1.3 percent each in trade today. Brent fell 2.7 percent last week and WTI dropped 2.5 percent. “A resurgence in COVID-19 cases in Europe and North America has stopped the recovery in demand in its tracks,” ANZ Research said in a note. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.