Oil prices rose today after the holidays, along with other financial markets as the market anticipates Omicron will be less disruptive than previous variants. Prices are now at their highest level since November, despite nat gas prices tumbling again in Europe. “Though Omicron is spreading faster than any COVID-19 variant yet, relatively relieving news is that most people infected with Omicron are showing mild symptoms, at least so far,” said Leona Liu, analyst at Singapore-based DailyFX. Talks are set to resume today between Iran and world powers, and so far Iran has demanded unfettered access to crude exporting and associated revenues. OPEC+ is set to meet next week regarding February output, and the group is expected to proceed as planned. WTI traded up $1.78 or 1.42% to close at $75.57. Brent traded up $2.85 or 3.74% to close at $78.99<\/p>\n\n\n\n
WTI traded up $1.78 or 1.42% to close at $75.57. Brent traded up $2.85 or 3.74% to close at $78.99<\/p>\n","protected":false},"author":2,"featured_media":5174,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[],"class_list":["post-5256","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-petroleum-daily"],"yoast_head":"\n