Analysis: Physical crude oil market steams ahead after Omicron blip
Frantic oil buying driven by supply outages and signs the Omicron variant won’t be as disruptive as feared has pushed some crude grades to multi-year highs, suggesting the rally in Brent futures could be sustained a while longer, traders said.
COVID-19 cases surge 23% in Americas, mostly in North America – health agency
New COVID-19 cases have jumped 23% in the Americas in the last week, mostly in North America where both the United States and Canada are reporting increasing infection rates, the Pan American Health Organization (PAHO) said on Wednesday, warning that the region might be facing a relapse as in Europe.
