Crude oil futures plummet on concerns over new coronavirus strain

MOSCOW (MRC) -- Crude oil prices plummeted during the mid-morning trade in Asia Dec. 21, as concerns over a new highly infectious strain of the coronavirus raised fears of tightening lockdown and travel restrictions, reported S&P Global.At 11:35 am Singapore time (0335 GMT), the ICE Brent February contract fell USD1.70/b (3.25%) from the Dec. 18 settle to USD50.26/b, while the February N

Full article at mrcplast.com