News Snapshot:
By Laura Sanicola Oil prices fell on Wednesday as investors worried about fuel demand due to fresh outbreaks of COVID-19, though prices drew some support after U.S. stocks of diesel fuel fell for the first time in weeks and U.S. oil production dropped sharply. Brent crude was down 31 cents, or 0.8%, at $40.65 a barrel at 10:50 EST (1450 GMT). U.S. West Texas Intermediate (WTI) fell 43 cents, or 1.1%, to $37.95 a barrel. U.S. crude inventories rose by 1.2 million barrels, but distillate stockpiles , which include diesel and heating oil, fell by 1.4 million barrels following weeks...
