Oil prices soared 29 November

Oil prices took off during trading on Monday, November 29, partially playing a 11-percent fall on November 26, caused by news about the distribution of a new strain of coronavirus B.1.1.529.

Brent Oil at the peak has risen up to $ 75.29 per barrel (plus 5.64 percent compared to the closure of the previous trading session). At 10:35, she traded at 74.83 dollars (plus 4.53 percent). The WTI brand oil at the maximum rose to 72.14 dollars (plus 5.9 percent). At 10:35, its cost was 71.53 dollars (plus 4.96 percent).

The growth of quotations were influenced by rumors that OPEC countries + at a meeting of December 2 will refuse to increase oil production due to the danger of spreading a new strain of coronavirus, Reuters writes. Previously, it was planned to increase oil production in December for 400 thousand barrels per day.

Coronavirus strain B.1.1.529 was first discovered in South Africa. The head of the Technical Group of Emergency Diseases of the World Health Organization (WHO) Maria Wang Kerkhov announced the presence of a large number of mutations. Virologist, Corresponding Member of the Russian Academy of Sciences, Head of the Laboratory of Proliferation of Cells of the Institute of Molecular Biology named after V. A. Engelhardta Peter Chumakov believes that countries with a high collective immunity of the consequences of the distribution of Omicron strains will be softer.

/Media reports.