Oil falls as top US scientist warns of reopening risks

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Oil falls after top US infectious disease expert warns re-opening economy too soon could trigger fresh coronavirus outbreaks

The director of the US National Institute of Allergy and Infectious Diseases Anthony Fauci is seen next to US President Donald Trump in a file photo taken on April 01, 2020

US benchmark West Texas Intermediate for June delivery was down 1.36 percent at $25.43 a barrel in morning Asian trade.Both contracts, which were hammered last month as demand evaporated due to virus lockdowns, had risen Tuesday after Saudi Arabia announced further output cuts. In his first appearance on Capitol Hill in two months, Fauci delivered a cautionary message at odds with Trump's push to reopen the economy soon.

 

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