Investing.com investing.com 22 Dec, 2020 07:30 am

Oil drops as new coronavirus strain triggers demand recovery fears By Reuters

Oil drops as new coronavirus strain triggers demand recovery fears By Reuters
Oil drops as new coronavirus strain triggers demand recovery fears

Innes said the oil market had been overbought, so the selloff was inevitable.Oil's rally, fueled by vaccine progress, is running out of steam p By Devika Krishna Kumar and Stephanie Kelly NEW YORK (Reuters) - The oil market has rallied almost 40% in the last two months, pushing benchmarks to nine-month highs, in a.Real Oil Price Rally Fades as Asia’s Buying Spree Winds Down p (Bloomberg) -- A rally in the physical oil market is losing steam as Asian refiners ease purchases after an earlier-than-usual buying spree.Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

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