Wednesday 8 December 2021

Oil Steady as Vaccine Impact on Omicron Buoys Demand Outlook - Bloomberg

Oil Steady as Vaccine Impact on Omicron Buoys Demand Outlook - Bloomberg

PRICES
  • West Texas Intermediate for January was at $72.21 a barrel at 7:35 a.m. in New York.
  • Brent for February settlement gained 0.4% to $75.75 a barrel on the ICE Futures Europe exchange.
  • Brent’s prompt timespread was 35 cents in backwardation, compared with $1.34 at the start of last month.

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