Oil dives 3% as investors fear a second wave of coronavirus and the US reports surging crude inventories

· Oil prices fell on Thursday due to a spike in coronavirus cases in the US and in India, as US oil inventories also rose.
· Last week, US crude oil inventories rose by 5.7 million barrels, defeating expectations of a 1.45 million barrel decrease in stocks. 
· Analysts said rising cases this week in India and US increase...