On Monday, US oil closed down 3.2%, cloth oil fell 3.3%, and both hit a two-week low.

SMM News: crude oil futures prices closed sharply on Tuesday, the United States WTI crude oil and London Brent crude oil futures closed at the lowest level in two weeks.

The continued rise in the number of global coronavirus infections has worried investors and dealt a heavy blow to long-term demand for crude oil and other energy assets.

Data show that there are more than 33.4 million confirmed cases of coronavirus and more than 1 million deaths worldwide. The two figures in the United States are both the top 1/5 of the global data, with more than 200000 deaths.

"for the market, this is a reminder of the unprecedented challenges posed by the coronavirus and that measures to limit the spread of the epidemic do not solve the problem quickly," said Robbie Fraser, a senior commodity futures analyst at Schneider Electric. He said that as the crude oil market sought a rebound, the coronavirus pandemic "posed a significant and sustained downside risk."

(WTI), West Texas Intermediate for November delivery on the New York Mercantile Exchange, closed down $1.31, or 3.2%, at $39.29 a barrel.

Brent crude for November delivery on the London Intercontinental Exchange (99.17,-2.06,-2.03%) closed down $1.40, or 3.3%, at $41.03 a barrel.

Us WTI crude oil and London Brent crude oil futures both reached their lowest closing price since Sept. 15.