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WTI crude oil futures fell on the day. Because of the pressure of increased oil production in Libya. Including concerns about the efficacy of the COVID-19 vaccine
At 6:47 p.m. Thai time, the West Texas Crude Oil Contract (WTI) for delivery in December. Trading at NYMEX fell 28 cents, or 0.61 percent, to $ 45.43 a barrel.
Despite the expected flow Oil Exporting Countries (OPEC) and allies O OPEC Plus will postpone plans to increase production capacity of 2 million barrels per day between 3 and 6 months due to concerns that a new round of measures Blockade in Europe will drag demand for oil in the market. But Libya’s rising oil production has raised concerns about oil glut.
The market is also concerned about the effectiveness of the COVID-19 vaccine. Powered by AstraZeneca. After being criticized by experts in the United States.
Monsef Slaui, head of Operation Warp Speed, the White House vaccine program. And other American experts have raised concerns about the age group of the participants in the AstraZeneca vaccine trial. And the University of Oxford, saying that 90% efficiency claims AstraZeneca It was only a test in those with lower risk.
However, after American experts have come out to express such doubts. AstraZeneca responded immediately that this trial was attended by the Data Security Monitoring Board (DSMB). And the results of the experiments that the company revealed this Monday are just an initial result. And more information will be released accordingly.
