Quantum Commodity Intelligence – Crude oil futures in European hours on Monday drifted lower amid fears renewed Covid restrictions will limit oil demand growth from the world’s top crude importer.

January ICE Brent futures traded at $92.48/b (1040 GMT) compared to Friday’s settlement of $xx/b.

At the same time, NYMEX WTI was trading at $86.51/b on Dec 22 versus Friday’s settlement of $87.90/b.

Covid-19 infections continued to rise in China’s southern manufacturing hub…



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