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US West Texas Intermediate Crude Oil Futures (CL1:COM) fall with the December contract to their lowest level since September 30 -2.2% to $79.86/barrel; Brent crude oil (CO1:COM) is also trading lower, -2.1% at $87.88/barrel.
ETF’s: (NYSEARCA:USO), (UCO), (BNO), (SCO), (USL), (DBO), (USOI), (NRGU)
There’s little new news, but analysts say the surge in China’s COVID-19 cases has done so renewed concerns about energy demand.
China’s State Council warned cities not to…