Offshore

Oil edges lower as investors weigh demand risk from Omicron

Daily Omicron infections continue to multiply in China and the US as investors worry and crude prices dip.
Photo: Gregory Bull/AP/Ritzau Scanpix
Photo: Gregory Bull/AP/Ritzau Scanpix
By Elizabeth Low, Bloomberg News

Oil edged lower amid nervousness around the rapid spread of the Omicron virus variant and strength in the dollar.

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