Page 171 - துணை ப்ரைம் அமைச்சர் அலெக்சாண்டர் நோவாக் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Oil tumbles as new virus strain revives demand worries Written by Business World, on 21st Dec 2020. Posted in World Oil prices tumbled on Monday as a fast-spreading new coronavirus strain that has shut down much of Britain and led to tighter restrictions in Europe sparked worries about a slower recovery in fuel demand. Brent crude was down $2.23, or 4.3%, to $50.03 a barrel by 1308 GMT while U.S. West Texas Intermediate (WTI) crude was down $2.10, or 4.3%, to $47.00 a barrel. Both contracts had fallen more than $3 earlier in the session, their biggest daily drop in 6 months. Reports of a new strain of the coronavirus has weighed on risk sentiment and oil. New mobility restrictions across Europe are also not helping as European oil demand will suffer, said UBS oil analyst Giovanni Staunovo.

United kingdomUnited statesGiovanni staunovoAlexander novakLouise dicksonBaker hughesRystad energyTexas intermediateDeputy prime minister alexander novakஒன்றுபட்டது கிஂக்டம்ஒன்றுபட்டது மாநிலங்களில்அலெக்சாண்டர் நோவாக்லூயிஸ் டிக்சன்ரொட்டி சுடுபவர் ஹக்ஸ்டெக்சாஸ் இடைநிலைதுணை ப்ரைம் அமைச்சர் அலெக்சாண்டர் நோவாக்