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Oil rebounds by almost 5% on Omicron hopes, Iran talks

December 07, 2021 7:23 AM

NEW YORK (REUTERS) – Oil prices climbed by nearly 5 per cent on Monday (Dec 6) on hopes the Omicron coronavirus variant would have a less damaging economic impact if its symptoms proved mostly mild and as some Opec member countries signaled confidence in the market.

Source : http://www.straitstimes.com/business/companies-markets/oil-rebounds-by-almost-5-on-omicron-hopes-iran-talks

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