Oil Prices Slide For Third Day In A Row On Delta Fears ...Middle East

Oil prices fell for a third straight day early on Wednesday as concerns about demand amid surging Delta COVID variant continue to weigh on market sentiment. As of 9:13 a.m. EDT on Wednesday, before the weekly EIA inventory report, WTI Crude was down below $70 per barrel again, after dipping briefly below that mark on Tuesday. WTI Crude traded at $69.09, down 2.08%. Brent Crude was trading down by 1.60% at $71.25. Soaring COVID cases with the fast-spreading Delta variant were front and center in the oil market on Wednesday, trumping geopolitical…

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