Oil falls for the 4th straight week, for the first time since March ’20. Austria to enter full lockdown next week Rising cases in Europe may lead to further restrictions Top economies weighing oil release to ease prices Impact likely to be short-lived, Goldman says NEW YORK, Nov 19 (Reuters) – Oil prices fell about 3% to below $80 a barrel on Friday as surging COVID-19 cases in Europe threatened to slow the economic recovery while investors also weighed a potential release of crude reserves by major economies to cool prices. Brent futures for January fell $2.35, or 2.9%, to settle at $78.89 a barrel. U.S. West Texas Intermediate (WTI) crude for December fell $2.91, or 3.6%, to $76.10 on its last day as the front-month. WTI for January […]