Oil rose to multi-week high on easing concerns over Omicron
Oil rose to multi-week high on easing concerns over Omicron
International benchmarks for crude oil rose to a multi-week high on Monday, 27 December 2021 on easing concerns over the impact of the Omicron variant on the global demand in 2022 even after the mass flight cancellation over the weekend.
Brent gained $2.46 or 3.2% to close at $78.60/barrel.
WTI leap $1.78 or 2.4% to close at $75.57/barrel.