Oil Sheds Early Gains as Caution Returns over Omicron Curbs

Oil prices shrugged off early gains on Thursday as countries imposed new travel curbs to combat surging cases, though the downside remained capped over positive developments around COVID-19.

U.S. West Texas Intermediate (WTI) crude futures were down 12 cents, or 0.1%, to $72.62 a barrel at 0810 GMT after jumping 2.3% in the previous session.

View entirety: Reuters