Oil prices sink 5% on Omicron demand fears
LONDON: World oil prices fell by more than 5 per cent on Monday, as energy demand fears grew over the fast-spreading Omicron coronavirus variant. In morning deals, Brent North Sea crude tumbled 5.1 per cent to $69.79 per barrel and New York’s West Texas Intermediate oil lost 5.7 per cent to $66.84. The rapid spread … Read more