Tag Archives: Omicron

What Could Omicron Cost Global Oil Market?

Covid,Omicron, oilfield, oil and gas, oil industry The new Omicron variant of Covid-19 could cost the global oil market as much as 2.9 million barrels per day of demand in the first quarter of next year, bringing total demand down to 95.7 million barrels per day, if it triggers more lockdowns or restrictions. That’s according […]