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On November 30, international oil prices plummeted
.
The settlement price of the main US WTI crude oil futures contract was reported at US$66.
18/barrel, a decrease of US$3.
77 or 5.
39%, and the settlement price of the main contract of Brent crude oil futures was reported at US$69.
23/barrel, a decrease of US$3.
99 or 5.
45%
.
Oil prices hit the biggest monthly decline since March 2020.
The main reason is that the mutant virus Omi Keron has made the prospects for economic recovery uncertain, triggered the sell-off of financial assets, and exacerbated concerns about oil demand
.