The Commodities Feed: OPEC+ & Omicron uncertainty

Capt. John

Energy Omicron fears continue to hit the oil market. Both Brent and WTI are now trading comfortably below US$70/bbl. This leaves Brent about 20% below the recent highs seen in late October. The forward curve has also flattened considerably. The 12-month Brent time spread has fallen from a...

https://www.hellenicshippingnews.com/the-commodities-feed-opec-omicron-uncertainty/

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