11 min

Omicron’s Black Friday injects new fragility Oil Markets

    • Investing

Oil markets crashed on the emergence of the omicron variant of COVID-19, leaving market jitters and increased volatility. S&P Global Platts reporters Nick Baldwin and Virginie Malicier discuss with Joel Hanley the reaction and prospects in crude oil and jet fuel, two of the most pandemic-sensitive markets in the oil world.

Oil markets crashed on the emergence of the omicron variant of COVID-19, leaving market jitters and increased volatility. S&P Global Platts reporters Nick Baldwin and Virginie Malicier discuss with Joel Hanley the reaction and prospects in crude oil and jet fuel, two of the most pandemic-sensitive markets in the oil world.

11 min