Oil Up, but COVID-19-fuelled Fuel Demand Worries Cap Gains By Investing.com – Investing.com
- Date: 03-Jan-2022
- Source: Investing.com
- Sector:Healthcare
- Country:Gulf
Oil Up, but COVID-19-fuelled Fuel Demand Worries Cap Gains By Investing.com – Investing.com
By Gina Lee
Investing.com – Oil was up on Monday morning in Asia, as ahead of an Organization of the Petroleum Exporting Countries and allies (OPEC+) meeting. Concerns about falling fuel demand as COVID-19 continues to spread also capped gains for the black liquid.
were up 0.40% to $78.17 by 8:59 PM ET (1:59 AM GMT) and gained 0.55% to $75.62.