A crude oil pump jack in the Permian Basin in Texas. Markets are concerned at the effect of travel restrictions to curb the spread of Covid-19 will have on oil prices as new daily Covid-19 case numbers in the US rose to a six-month high. Reuters
A crude oil pump jack in the Permian Basin in Texas. Markets are concerned at the effect of travel restrictions to curb the spread of Covid-19 will have on oil prices as new daily Covid-19 case numberShow more

Business

Energy

Oil prices rise but demand concerns likely to lead to big weekly fall

New travel restrictions to curb the spread of the Delta variant of Covid-19 weigh on demand

Reuters

August 06, 2021