Oil prices were steady on Monday, supported by tighter supplies from major producers but held in check by concerns over a record rise in coronavirus infections worldwide that could stall recovery in fuel demand. Brent crude LCOc1 rose 10 cents, or 0.2%, to $42.29 a barrel by 0826 GMT, while U.S. crude for August delivery CLc2 was at $39.87 a barrel, up 4 cents, or 0.1%. South Korea said on Monday for the first time it is in the midst of a ‘second wave’ of the coronavirus. The World Health Organization reported a record increase in global coronavirus cases on Sunday, with the biggest increase from North and South America. “Infections are rising in key markets around the world and there are valid concerns that the world is in for a prolonged period of dealing with its consequences,” said Rystad Energy’s head of oil markets […]