Investing.com 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 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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