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Oil settles down $10/bbl in largest daily drop since April 2020 - Vimarsana News

Oil settles down $10/bbl in largest daily drop since April 2020

NEW YORK: Oil prices plunged $10 a barrel on Friday, their largest one-day drop since April 2020, as a new variant of the coronavirus spooked investors and added to concerns that a supply surplus could swell in the first quarter.Oil fell with global equities markets on fears the variant, could dampen economic growth and fuel demand.The World Health...