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Energy and Power

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Oil Prices Drop in the United States as Flights Cancel

Published On 28 Dec 2021 11:04 AM


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On Monday, the US crude oil prices fell more than a dollar as a result of airlines canceling thousands of flights across the states over the holiday season in light of the surging cases of the Covid-19.

Crude futures from the US West Texas Intermediate reduced by 97 cents, or 1.3 percent at 72.82 dollars per barrel after reaching a low of 72.71 dollars per barrel. 

Brent crude saw a drop of 24 cents, or 0.3 percent, to....


Tags : Flights, United States, Oil and Gas,
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