Oil prices fell on Wednesday for a third day on mounting expectations that supply growth will outpace demand growth next year, even though the spread of the Omicron strain has not led to restrictions as severe as those imposed when other strains of the coronavirus emerged.
Brent crude futures fell 43 cents, or 0.6 percent, to $73.27 a barrel, after losing 69 cents on Tuesday.
US West Texas crude futures were not better than the previous one, as they also fell 52 cents, equivalent to 0.7 percent, to $ 70.21 a barrel. It had fallen 56 cents in the previous session.
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