investing.com 28 Dec, 2020 22:30 am

Oil Resumes Slide on Worries Over Demand Amid New Covid Variant By Investing.com

Oil Resumes Slide on Worries Over Demand Amid New Covid Variant

com - Oil prices resumed their slide on Monday on worries about how a new variant of the Covid-19 would impact people and businesses across the world and, ultimately, their demand for energy.Crude Oil Prices Drift as Trump's About-Face Helps Risk Assets p By Geoffrey Smith Investing.com -- Crude oil prices were broadly unchanged on Monday in thin trade, as President Donald Trump’s change of heart about signing the $900 billion.Oil firms after Trump signs aid bill; demand concerns linger p By Koustav Samanta and Naveen Thukral SINGAPORE (Reuters) - Oil prices edged higher on Monday after U.

After an unbroken rally of seven weeks, crude prices are on the backfoot now, after the discovery of the VUI-202012/01 variant of the coronavirus in Britain.It fell 2% last week, after rallying a total of 36% in seven weeks prior.

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