CommoPlast

Crude oil mixed with the spread of COVID-19 hinders demand outlook

Crude oil mixed with the spread of COVID-19 hinders demand outlook



International benchmarks for crude oil settled mixed on Monday, 26 July 2021 as the spread of delta COVID-19 variant in the US, Brazil, India, Indonesia, and the UK clouded the demand outlook.

Brent added 40 cents to $74.50/barrel. 

WTI for September delivery fell 16 cents to $71.91/barrel.