Page 162 - துணை ப்ரைம் அமைச்சர் அலெக்சாண்டர் நோவாக் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Oil drops on new virus variant fears Mutant variant of coronavirus in Britain revives concerns over demand recovery Reuters December 23, 2020 NEW YORK: Oil dropped towards $50 a barrel on Tuesday, adding to losses from the previous session, as a mutant variant of the coronavirus in Britain revived concerns over demand recovery. Detection of the new variant of the coronavirus prompted several countries to close their borders to Britain. The BBC cited France’s Europe Minister as saying that the two countries would announce a deal to restart freight by Wednesday. Brent crude was down 60 cents, or 1.2%, at $50.32 a barrel by 11:58 am EST (1558 GMT), while US West Texas Intermediate (WTI) crude fell 72 cents, or 1.5%, to $47.25. Both benchmarks slid nearly 3% on Monday, partly erasing recent gains driven by the rollout of Covid-19 vaccines, seen as key to allowing a return to normal life.

United statesUnited kingdomPhil flynnPrice futures groupOrganisation of the petroleum exporting countriesUs congressAmerican petroleum instituteEurope ministerTexas intermediatePetroleum exporting countriesDeputy prime minister alexander novakஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது கிஂக்டம்பில் ஃப்லிந்ப்ரைஸ் எதிர்காலங்கள் குழுஆர்கநைஸேஶந் ஆஃப் தி பெட்ரோலியம் ஏற்றுமதி நாடுகள்