Friday 26 November 2021

Oil Crashes More Than $10 as New Covid-19 Variant Roils Markets - Bloomberg

Oil Crashes More Than $10 as New Covid-19 Variant Roils Markets - Bloomberg


PRICES
  • West Texas Intermediate for January fell $10.24, or 13.1%, from Wednesday’s close to settle at $68.15 a barrel in New York. The decline was the largest since April 2020.
    • There was no settlement Thursday due to the Thanksgiving holiday and all transactions will be booked Friday
  • Brent for January settlement tumbled $9.50 to settle at $72.72 a barrel on the ICE Futures Europe exchange

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