MarketsCommoditiesOilPrint articleVolatility hits oil markets as traders weigh up omicron threatAlex GluyasMarkets reporterDec 21, 2021 – 1.01pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this article NewSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginOil suffered its biggest decline of the month overnight as surging COVID-19 infections across Europe escalated concerns about the reintroduction of mobility restrictions, and Joe Biden’s economic plans were dealt a major blow.Brent crude oil dropped 4.8 per cent to $US69.97 a barrel, while West Texas Intermediate fell 5.8 per cent to $US66.77 a barrel. Futures in New York clawed back some of those losses on Tuesday morning.Loading...SaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this article NewSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreOilCommoditiesLatest In CommoditiesFetching latest articlesMost Viewed In Markets
