Oil futures fell to multi-month lows as record growth in coronavirus cases in the U.S. and Europe raised the specter of more demand destruction from tighter lockdown measures. Futures in New York fell to their lowest since June, while the global Brent benchmark slid to a five-month low. The Covid-19 surge in the U.S. Midwest rose to a record, and the seven-day average in the Northeast reached the most since May. Elsewhere, Italy reached another daily record in virus cases, potentially facing new restrictions on movement. Still, prices settled above session lows that took U.S. benchmark crude futures below $35 a barrel. A record, yet temporary, surge in U.S. economic growth in the third quarter helped ease some of the demand concerns, while […]