Crude oil futures drop in Asia as OPEC+ reaches deal and on worries of rapid spread of Delta variant of COVID-19

Crude oil futures drop in Asia as OPEC+ reaches deal and on worries of rapid spread of Delta variant of COVID-19
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19.07.2021

MOSCOW (MRC) -- Crude oil futures declined during the mid-morning trade in Asia July 19, as the market participants were concerned over a rise in supply following an OPEC+ deal to an impending increase in production quotas, while the rapid spread of the Delta variant of the coronavirus raised worries about the re-imposition of demand-sapping mobility restrictions, reported S&P Global.At 1

Full article at mrcplast.com

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