Global crude oil rose towards 75 dollars today, supported by record US implied demand and falling crude stockpiles, even as the spread of the Omicron corona-virus variant threatens to put a brake on consumption globally. So, Brent crude oil futures rose 62 cents, to trade at 74.50 dollars a barrel. US crude futures added 65 cents, to 71.52 dollars a barrel.
Global crude oil rises to 75 dollars amid Omicron coronavirus variant threat to put brake on consumption globally