Oil fell for a fourth day, heading for the longest run of losses since March, on the threat to demand from the delta coronavirus variant. West Texas Intermediate futures declined 0.4% after losing almost 3% over the previous three sessions. U.S. gasoline consumption fell for a third week, according to a survey by Descartes Labs , while data from China on Monday revealed a slowdown in the economy last month. Further downside pressure came as a strengthening dollar made commodities priced in the currency more expensive. “The ongoing battle against the latest virus outbreak is showing up in economic data, and when the reading is disheartening in the world’s second-biggest economy investors take notice,” said Tamas Varga, an analyst at PVM Oil Associates Ltd. After a vigorous rally in the first half of the year, crude’s advance has been checked in recent weeks. The delta variant has spurred fresh […]