Published by
Reuters UK
Reuters UK
MELBOURNE (Reuters) – Oil prices dipped on Friday, putting the market on track to end the week roughly unchanged, as surging cases of the Omicron coronavirus variant raised fears new curbs may hit fuel demand, while a weaker dollar supported commodity markets broadly. U.S. West Texas Intermediate (WTI) crude futures fell 17 cents, or 0.2%, to $72.21 a barrel at 0155 GMT. Brent crude futures fell 11 cents, or 0.2%, to $74.91 a barrel. “Look at what’s happening with Omicron – that’s a negative which people are trying to digest. Are we going to be in line for some new restrictions? That’s what th…