Oil prices drop Thursday morning CET on concerns about rising Covid-19 infection rates. However, prices are kept afloat by US inventories seeing their fifth consecutive week of decline as well as strong key figures from China.
A barrel of European benchmark oil Brent Thursday morning costs USD 55.89 against USD 56.50 Wednesday afternoon. US counterpart West Texas Intermediate concurrently trades at USD 52.82 against USD 53.31.
Get full access for you and your coworkers.Start a free company trial today
Already a member? Log in.