Oil prices continued to rise on Tuesday, approaching the highest level in a month reached in the previous session, thanks to expectations that the mutant Omicron of the Coronavirus will have only a limited impact on global demand. Brent crude rose 14 cents, or 0.1 percent, to $ 78.74 a …
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Oil prices were mixed on Monday, with Brent crude rising, while US crude futures fell after airlines canceled thousands of flights in the United States over the Christmas holidays amid a surge in Covid-19 infections. US West Texas Intermediate crude futures fell 41 cents, or 0.6 percent, to $73.38 a …
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WTI crude futures rose more than 1% to trade around $73.5 per barrel on Thursday, hovering near 4-week highs, amid an improvement in risk appetite as economic optimism grows. Despite the rise in Covid-19 cases and new restrictions, investors are betting that the economic recovery will not derail as studies …
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