Oil prices crashed to a five-month low as the demand outlook darkened over new Covid-19 lockdowns in Europe and mount- ing Opec supply fears. Benchmark futures lost more than 10% on the week with international Brent down $4.81 per barrel at $37.65/bbl by Thursday’s close and US price-pin West Texas Intermediate down $4.47/bbl at $36.17/bbl.
展开▼
