Investors are waiting to evaluate the full impact of the new Omicron mutant from Corona Virus before buying more oil.
The fastest spread… What is the effect of the “Omicron” mutator on oil prices
Dec 6, 12:30 GMT
US West Texas Intermediate crude futures also fell 23 cents, or 0.3 percent, to $71.82 a barrel, after rising 3.7 percent during the previous session.
And she was oil prices It rebounded, earlier this week, from its decline last week, with growing optimism that the Omicron mutant will not cause significant economic damage.
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