Oil Trims Weekly Gain Amid Low Liquidity Heading Into Christmas - Bloomberg

Brent oil fell as as trading volumes thinned moving into the holiday period, but still headed for a weekly gain on signs that the omicron variant of the virus may be less severe than previous strains.

Futures in London slipped 0.9% toward $76 a barrel on Friday. While omicron has led to some travel restrictions and surging infections, a U.K. health agency said the variant was less likely to lead to hospitalizations, compared with the delta strain.

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"oil" - Google News
December 24, 2021 at 09:17AM
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Oil Trims Weekly Gain Amid Low Liquidity Heading Into Christmas - Bloomberg
"oil" - Google News
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