Crude oil prices remained mixed on Wednesday amid demand concerns due to the Omicron variant of coronavirus.
As of 1300 hours GMT, Brent, the international benchmark for two-thirds of the world’s oil, shed $0.18 (-0.24 percent) to reach $73.80 a barrel. Similarly, the US West Texas Intermediate (WTI) price reached $71.14 a barrel, up by $0.02 (+0.03 percent).
The price for Opec Basket was recorded at $74.23 a barrel without any change, Arab Light was available at $75.57 with a 2.22 percent increase, and the price of Russian Sokol jumped to $75.85 with an increase of 2.28 percent.—TLTP
