Oil plunged on OPEC+ decision; delta variant
Oil plunged on OPEC+ decision; delta variant
International benchmarks for crude oil were nosedived on Monday, 19 July 2021 after OPEC+ allies finalized the agreement to increase production output by 400,000 barrels per day. In the meantime, the delta COVID-19 variant is threatening a fresh mobility restriction around the world.
Brent fell $4.97 to $68.62/barrel.
WTI dived $5.39 to $66.42/barrel.