CommoPlast

Oil slipped on worsening COVID-19 infection in India

Oil slipped on worsening COVID-19 infection in India



International benchmarks for crude oil inched lower on Monday, 26 April 2021 on the concerns over the worsening COVID-19 outbreak in India that hurt demand despite OPEC+ maintains its global demand forecast.

Brent dropped 46 cents, or 0.70% to $65.65/barrel.

WTI fell 23 cents, or 0.37% to $61.91/barrel.