Oil hits 7-week lows on supply release expectations, Europe Covid surge - Business News, Finance News, Share Market News - Market trendz

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Monday 22 November 2021

Oil hits 7-week lows on supply release expectations, Europe Covid surge

Crude oil fell to seven-week lows on Monday, extending declines after the previous session's slide, on concerns about excess supply after Japan said it was weighing releasing oil reserves and over demand from a worsening COVID-19 situation in Europe.

from Commodities-Markets-Economic Times
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