Oil Is On Track For The Biggest Daily Drop This Year As Fears On New Virus Variant Further Dent Demand Outlook
<p>WTI oil fell over 6% since opening on Friday, in the steepest daily drop this year. News that new variant of coronavirus, which could be more contagious and possibly resistant to the current vaccines was detected, raised fears that new wave of infections could hurt economic growth and subsequently energy demand. Lower demand would cause […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/417008-oil-is-on-track-for-the-biggest-daily-drop-this-year-as-fears-on-new-virus-variant-further-dent-demand-outlook/">Oil Is On Track For The Biggest Daily Drop This Year As Fears On New Virus Variant Further Dent Demand Outlook</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>
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