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Oil drops towards $73 as concerns regarding Omicron variant grow

Brent crude oil futures dropped 98 centsby 14.05 GMT

crude oil, petroleum
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Photo: Bloomberg

Agencies
Oil prices dropped towards $73 a barrel on Tuesday after the International Energy Agency said the Omicron variant is set to dent the global demand recovery.

Brent crude oil futures dropped 98 cents, to $73.41 a barrel by 14.05 GMT.

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