Oil rebounded by almost 5% on Monday to $76 a barrel as some investors viewed Friday’s slump in oil and financial markets on concern about the Omicron coronavirus variant as overdone. While the World Health Organisation has warned that understanding the variant’s severity could take time running into weeks, a South African doctor who has …
The post Oil rebounds to $76 on speculation Omicron-related drop overdone first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John