Crude oil prices slump as Omicron rapid spread in Europe and the US dims fuel demand outlook

Crude oil prices slump as Omicron rapid spread in Europe and the US dims fuel demand outlook
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

21.12.2021

MOSCOW (MRC) -- Oil prices slumped on Monday as surging cases of the Omicron coronavirus variant in Europe and the United States stoked investor worries that new restrictions to combat its spread could dent fuel demand, reported Reuters.Brent crude futures fell USD2, or 2.7%, to settle at USD71.52 a barrel, while US West Texas Intermediate (WTI) crude futures fell USD2.63, or 3.7%, to set

Full article at mrcplast.com

Back

news