Oil prices fell over 3% on concerns that new coronavirus curbs and slow vaccine rollouts in Europe willl put downward pressure on demand

Oil prices fell over 3% on concerns that new coronavirus curbs and slow vaccine rollouts in Europe willl put downward pressure on demand
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25.03.2021

MOSCOW (MRC) -- Oil pricesВ decreased more than 3%, hit by concerns that new pandemic curbs and slow vaccine rollouts in Europe will hold back a recovery in demand, while a stronger dollar also weighed, according to Hydrocarbonprocessing.Brent crude futures dropped by USD2.20, or 3.4%, to USD62.42 a barrel by 0948 GMT. US West Texas Intermediate (WTI) crude futures fell by USD2.10, or %3.

Full article at mrcplast.com

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