Oil reaches August levels

Note: This section contains information in English only.
Source: Dukascopy Bank SA


On Tuesday, the price for light crude oil reached below the $67.50 level, as the commodity price resumed its decline and touched August levels.

Previously, crude oil prices plummeted on Friday, as a new coronavirus variant, Omicron, was revealed. The new variant is expected to cause a major drop in demand for energy products due to possible emergency lock-downs.
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