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Oil prices rise above $ 78 despite the repercussions of the new metamorphosis

Crude oil prices rose in early trading, Tuesday, above $78 a barrel of Brent, for reasons linked to the stability of global demand for crude, despite concerns arising from the outbreak of the “Omicron” mutator.
The price improvement also comes, in anticipation of the meeting of the “OPEC +” alliance to be held on January 4, amid expectations that plans to ease current production restrictions will remain unchanged.
By 07:24 (GMT), the price of Brent crude futures for March delivery rose 0.10 percent, or 7 cents, to $78.29 a barrel.
The prices of US West Texas Intermediate crude futures for February delivery also rose 0.15 percent, or 11 cents, to $75.69 a barrel.
Global infections with the Corona virus are increasing, amid tightening procedures at international borders and crossings, and some countries reducing the number of people in gatherings, as part of efforts to contain the virus.
And on Sunday, global airlines canceled, or postponed, thousands of flights scheduled for Friday and Saturday, due to increased restrictions imposed by countries, to prevent the “Omicron” outbreak, and other reasons related to bad weather in the western United States.
And the “FlightAware” navigational website, which tracks civil and commercial flights around the world, reported that another 8000 flights were postponed around the world, due to the increasing restrictions by countries, to prevent the spread of the “Omicron” mutant.

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