Oil is falling again, after rising more than 3% this Monday, recovering from last Friday's "plunge". This comes at a time when investors' fears are growing due to the omicron variant.

This Tuesday, across all markets, oil is in the red. West Texas Intermediate (WTI) is down 2.30% to $68.34 per barrel while, North Sea Brent crude is down 2.36% to $71.71.

Thus, oil is heading toward a scenario where November could represent the biggest drop in the "black gold" this year, to the tune of 19%.