Crude oil prices fall as China developer downgrades add to fears of demand outlook and on new restrictions to fight Omricon

Crude oil prices fall as China developer downgrades add to fears of demand outlook and on new restrictions to fight Omricon
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10.12.2021

MOSCOW (MRC) - Oil prices fell on Thursday on fears about the economic outlook in the world's biggest oil importer following ratings downgrades to two Chinese property developers, and after some governments took measures to fight the Omicron varaint of the coronavirus, reported Reuters.Brent crude futures fell USD1.01, or 1.3%, to USD74.81 a barrel by 12:05 p.m. EDT (1705 GMT), backing o

Full article at mrcplast.com

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