Oil Rally Unravels On New COVID-19 Lockdowns ...Middle East

OILPRICE - Economy
Oil Rally Unravels On New COVID-19 Lockdowns
source : OILPRICE ( Middle East ) () 7
Oil prices lost gains early this week after a new strain of Covid-19 is threatening the global demand recovery. Chart of the Week Demand for transportation fuels (gasoline, distillates, and jet fuel) was down 11% during the Thanksgiving holiday compared to the holiday week a year earlier. Jet fuel, however, was down by nearly half, or a decline of about 0.9 mb/d. There were about 107,000 flights during the week of Thanksgiving, down about 45% from 2019 levels. Market Movers ConocoPhillips (NYSE: COP) announced a significant oil discovery in the…

Hence then, the article about oil rally unravels on new covid 19 lockdowns was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Oil Rally Unravels On New COVID-19 Lockdowns )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy


Latest News

DWP confirms end of two major benefits in universal credit milestone

before hour & 29 minute

Beyond the Credential: As AI Erases the 'Entry-Level Job' and Climate Volatility Accelerates, Planet Classroom Unveils July Lineup Mapping the New Rules of Human Resilience

before hour & 48 minute

Dip in U.S. LNG Imports to EU Spells Trouble for Trade Deal

before 9 hours & 58 minute

Largest Data Center Project Ever Proposed Is Officially Dead

before 13 hour & 58 minute

Muscat stock exchange index rises after 4-Week decline

before 15 hour & 3 minute

Trademark Attorney Warns Business Owners: AI-Generated Brand Names Come With Hidden Legal Risks

before 15 hour & 29 minute

Africa: Why Africa's Ocean Leadership Matters Now

before 16 hour & 43 minute

Courts and Congress Are Undoing Trump's War on Wind Power

before 17 hour & 53 minute

JMGO Offers Special Savings on 4K Projectors Ahead of the Tournament Final

before 20 hour & 50 minute

Nigeria: Fire Breaks Out At Fuel Terminal in Lagos

before 22 hour

A year in, here’s how Trump’s tax law is affecting your budget

before 22 hour & 50 minute

Best AI Content Creation Tools (2026): CapCut Recognized for AI-Powered Video and Image Creation by Software Experts

before 22 hour & 57 minute

Eightco Holdings (NASDAQ: ORBS) dichiara un patrimonio complessivo di circa 386 milioni di dollari, tra cui OpenAI, Beast Industries, oltre 16.000 ETH e oltre 283 milioni di token WLD

2026-7-4

Colombia's Oil and Gas Reserves Keep Shrinking

2026-7-4

Conformal Coatings Market worth $2.19 billion by 2031 - Exclusive Report by MarketsandMarkets™

2026-7-4