Crude oil futures drop in Asia on reports of new COVID-19 variant from South Africa

MOSCOW (MRC) -- Crude oil futures plunged in mid-morning trade in Asia Nov. 26 as investors were spooked by reports of a new COVID-19 variant from South Africa that appeared to evade immune responses, sparking a sharp sell-off in the broader financial markets, reported S&P Global.At 10:05 am Singapore time (0205 GMT), the ICE January Brent futures contract was down USD1.13/b (1.37%) from

Full article at mrcplast.com