Oil prices decrease on concerns over reduction of demand

Crude oil prices fell by 2.04%-2.62%

As of November 26, 07:29 (UTC+3), Brent Crude futures for January settlement were trading 2.04% lower at $80,54 a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for January delivery on the New York Mercantile Exchange fell by 2.62% to $76.33 a barrel.

Oil prices decrease on concerns over reduction of demand due to new coronavirus variant.