carroll
2021-12-24
hallo
Oil Trims Weekly Gain Amid Low Liquidity Heading Into Christmas
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While omicron has led to some travel restrictions and surging infections, a U.K. health agency said the variant was less likely to lead to hospitalizations, compared with the delta strain.</p>\n<p>While prices dipped early Friday, barely 50,000 Brent crude contracts had traded, suggesting little could be read into the move. On a normal trading day, volumes would be just below 1 million contracts.</p>\n<p>Oil is heading for a yearly gain after a robust rebound from the pandemic, but the rally has faltered recently, in part due to concerns about omicron. 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