Crude oil prices plunged on Oct. 2 to close out a bearish week for petroleum after US President Donald Trump and his wife said they had contracted the coronavirus, and on a weaker US jobs report. Crude prices did rebound just a little on the news that Trump is experiencing mild, cold-like symptoms thus far, but oil prices generally followed broader downward market movements. Coronavirus cases remain on the rise in much of the world entering flu season, including Europe, and concerns are increasing that global crude oil supplies and demand could again fall more out of balance. NYMEX November WTI fell by $1.67, down to $37.05/b, which leaves front-month WTI […]