MARKETS

Crude prices sink amid soaring Delta cases

CRUDE oil prices dropped by 4% in trading sessions overnight as rising COVID-19 outbreaks create demand fears and continue to exacerbate last week’s falls.

Analysts downgrade recovery outlook

Analysts downgrade recovery outlook

West Texas Intermediate fell more than 4% at one point during trade, sitting at US$65.15 per barrel, a price not seen since May. Brent Crude fell as low as US$67.60.bbl. As of this morning Tuesday...

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