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Oil fell on December 13 as doubts grew about vaccine effectiveness against Omicron. Brent settled down 76 cents at $74.39 and WTI down 38 cents at $71.29, while OPEC raised its Q1 2022 demand forecast but kept full-year growth unchanged.
Lingering pandemic demand risk keeps crude capped, which limits energy cost pressure on feed and transport but keeps biofuel-linked oil demand uncertain.
cnbc.comReutersDec 13, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
