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" Oil rises 1per cent ahead of OPEC meeting under Omicron cloud"
Dec. 1, 2021

" Oil rises 1per cent ahead of OPEC meeting under Omicron cloud"

MELBOURNE : Oil prices clawed back some losses on Wednesday after steep falls in the previous session, as major producers prepared to discuss how to respond to the threat of a hit to fuel demand from the Omicron variant. U.S. West Texas Intermediate (WTI) crude futures rose 78 cents, or 1.2per cent, to US$66.96 a barrel at 0122 GMT, after a 3.9per cent drop on Tuesday.

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