None England has Hundreds of Millions of New Omicron Cases Daily.
Millions more people in the U.S. who lack shots are not covered by the vaccine data Gaps.
None of The Five-Day Office Week Isn't Coming Back. WFH is here to stay.
After slipping 2.2% last week, the futures in London fell below $72 a barrel. Covid 19 infections are increasing from the U.S. to Europe as authorities struggle to control the spread of omicron. Some nations have restrictions on air travel and there are fears that further restrictions may be put in place, limiting the movement of people and sapping demand for crude and oil products.
The oil market structure is showing signs of weakness. Oversupply could be on the horizon through early 2022, according to the prompt timespread for Brent once again flipped into a bearish contango on Monday.
Bearish headwinds are mounting for the crude market as it moves into the holiday period, when thinner trading volumes can exacerbate prices swings. Demand in Asia is softening, central banks are moving toward tighter monetary policy to try and control rising inflation, and President Joe Biden's economic agenda saw a setback after Senator Joe Manchin rejected a spending package.
Jeffrey Halley, senior market analyst at Oanda Asia Pacific Pte said we can look forward to a week of volatility. It is dangerous to assume that oil will plunge further from here because OPEC is sitting there watching, and they have left themselves the room to react quickly if they need to. New York State broke a record for new infections, and New York City Mayor Bill de Blasio called for the federal government to step up supplies of tests and treatments to the city as a result of a spike in infections caused by omicron. Germany, just recovering from a wave caused by the delta variant, is headed for another surge caused by omicron, the health minister warned.
How can I have a Perfect Work From Home Friday?
None of Tesla Takes Customers to Court to Silence Its Critics in China.