Oil prices are falling in this Friday's session and this behavior reinforces the path of the first weekly drop in more than a month for both Brent crude barrel traded in London and WTI crude in New York. The North Sea Brent contract depreciates 2.55%, in what will be the first weekly drop since...
Oil prices fell again today after the World Health Organization (WHO) said that covid-19 vaccines may be less effective against the omicron variant of the coronavirus. Also weighing on the trading are increasing signs that supply growth will outstrip demand in the coming...
Oil prices gave ground again on Tuesday after the International Energy Agency (IEA) said that the Omicron variant of the coronavirus is likely to penalize the recovery in global demand for crude. West Texas Intermediate (WTI), the US benchmark for January delivery, is down 1.39% to 70.30...