More than 800 flights within, to or from the United States were canceled on Monday, according to data from the flight-tracking website FlightAware.com, after US airlines canceled more than 1,300 flights on Sunday due to COVID infections. -19 reduced the number of available crew members.
Oil, which plunged more than 10% on Nov. 26 when reports of a new variant first surfaced, rose last week after early data suggested omicron could cause a milder level of illness.
Brent has risen more than 45% this year, supported by the recovery in demand and cuts to production by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC +.
“Although omicron is spreading faster than any variant of COVID-19, relatively reassuring news is that most people infected with omicron are showing mild symptoms, at least so far,” said Leona Liu, analyst at DailyFX, with Headquartered in Singapore.
Also on investors’ radar is the upcoming OPEC + meeting on January 4, in which the producer alliance will decide whether to go ahead with the planned increase of its production by 400,000 barrels per day (bpd) in February.
Source From: Ambito
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