 "crude oil, petroleum")
Oil prices dipped on Friday, putting the market on track for a weekly loss, as surging cases of the Omicron coronavirus variant raised fears new curbs may hit fuel de-mand. Brent crude futures fell $1.48, or 1.97 per cent, to $73.54 a barrel at 8.40 pm (IST), while US West Texas Intermediate (WTI) crude futures dropped $1.45, or 2 per cent, to $70.93 a barrel.
Brent and WTI are both headed for a 1.4 per cent loss this week.
“Messages of caution and warnings of a worsening Covid wave are starting to ring louder with the approach of the year-end holiday season,
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