FlowBank

1214 days ago • Posted by William Ramstein

Oil futures burn upon second virus strain news

Oil plunges below $50. Second strain threatens more lockdowns across Europe. At one stage Brent futures slumped 6%. 16 million Brits received stay at home orders with some freight movements from France to the UK halted completely. OPEC considers adding 500,000 barrels a day of production on the market starting January 4th. Source: Yahoo Finance

OIL DOWN

 

#Commodities
OIL DOWN FUTURES
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