News Snapshot:
Crude oil futures drop in Asia on reports of new COVID-19 variant from South Africa November 26/2021 MOSCOW ( MRC ) -- Crude oil futures plunged in mid-morning trade in Asia Nov. 26 as investors were spooked by reports of a new COVID-19 variant from South Africa that appeared to evade immune responses, sparking a sharp sell-off in the broader financial markets, reported S&P Global .At 10:05 am Singapore time (0205 GMT), the ICE January Brent futures contract was down USD1.13/b (1.37%) from the previous close at $81.09/b, while the NYMEX January light sweet crude contract was USD1.52/b (1.94%) lower...
