Saudi energy minister “not concerned” about Omicron Covid variant

World Oil | Nov 29, 2021 at 1:00 AM
  • Saudi Arabia’s Energy Minister Abdulaziz bin Salman played down the likely fallout from the new coronavirus variant that pummeled oil markets last week.
  • Oil has recouped some its losses after a rout Friday that saw U.S. crude plunge more than 10%, dropping below $70 a barrel for the first time since September.
  • OPEC+ meets Thursday to decide on January output.