# Oil steady but Omicron risks weigh

> 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.

- Date: 2021-12-13 · published 2021-12-13T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/43758-oil-steady-but-omicron-risks-weigh
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lingering pandemic demand risk keeps crude capped, which limits energy cost pressure on feed and transport but keeps biofuel-linked oil demand uncertain.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Sources

- cnbc.com: https://www.cnbc.com/2021/12/13/oil-markets-opec-russia-covid-omicron.html

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.