Oil market set for weekly loss as Omicron fears dent demand December 17, 2021 Oil prices dipped again on Friday as fears over the effects of the Omicron variant on air travel demand spread across the market.
Oil prices drop amid concerns of reduced travel demand as Omicron spreads worldwide December 15, 2021 Oil prices are still falling after IEA's gloomy update this week, forecasting reduced air travel demand as Omicron spreads around the world.
Oil prices enjoy healthy gains amid easing concerns over Omicron variant December 10, 2021 Oil prices continue to recover from last month’s steep dive with markets increasingly less fearful of the emerging Omicron variant.
Oil prices steady despite looming pandemic restrictions December 8, 2021 Oil prices remain steady despite reports of key markets potentially introducing more pandemic restrictions ahead of Christmas.
Oil sorted? Prices show partial signs of recovery amid reports of mild Omicron variant December 6, 2021 Oil partially recovered on Monday, climbing towards $72 a barrel with reports of Omicron being milder than first feared.
OPEC+ maintains output rises despite fears of reduced oil demand December 2, 2021 OPEC and its allies including Russia (OPEC+) are sticking to monthly oil output increases, despite fears of reduced demand following the new Omicron variant.
Oil market awaits Omicron’s effect on demand December 1, 2021 Oil prices are hovering at around $70 per barrel with big swings on both benchmarks amid growing uncertainty over the Omicron variant.
Oil prices rebound from massive drop despite discovery of Covid-19 variant November 29, 2021 Oil prices showed some signs of recovery on Monday after massive drops last week of over ten per cent on both major benchmarks.
Oil, gas and mining ride the commodities boom as fundraising tops £1bn November 29, 2021 Oil, gas and mining companies have raised over £1bn in fundraising on the London Stock Exchange this year, amid a commodity price boom.
Crude awakening: Oil markets braced for further drops following new Covid-19 variant November 28, 2021 Oil prices could plummet further after price drops of over ten per cent last Friday on both major benchmarks amid deepening Covid-19 fears.