Oil slumps on Omicron fears; posts biggest monthly fall in 20 months

December 01, 2021 6:52 AM

NEW YORK] (REUTERS) – Oil prices tumbled on Tuesday (Nov 30) after Moderna’s chief cast doubt on the efficacy of Covid-19 vaccines against the Omicron coronavirus variant, spooking financial markets and heightening worries about oil demand.

Source : http://www.straitstimes.com/business/companies-markets/oil-slumps-on-omicron-fears-posts-biggest-monthly-fall-in-20-months