Oil Holds Losses Near $39 Amid Deteriorating Demand Outlook
Workers use a bucket to collect a sample of crude oil at a multiple well platform in an oilfield in Russia. (Photographer: Andrey Rudakov/Bloomberg)

Oil Holds Losses Near $39 Amid Deteriorating Demand Outlook

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(Bloomberg) -- Oil held losses in Asia after plunging the most in almost two weeks amid signs a resurgent coronavirus could lead to more lockdowns.