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Brent slumps under $80 as investors wary of new variant, Q1 surplus

HomeTrade IdeaBrent slumps under $80 as investors wary of new variant, Q1 surplus

Brent slumps under $80 as investors wary of new variant, Q1 surplus

26 Nov 2021

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Brent crude futures extended declines for a third session, falling $3.16, or 3.8%, to $79.06 a barrel by 0733 GMT. U.S. West Texas Intermediate (WTI) crude was down $3.45, or 4.4%, at $74.94 a barrel. There was no settlement for WTI on Thursday because of the Thanksgiving holiday.