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On the 12th (local time), international oil prices ended lower. The three-day “ vaccine rally ” has been halted as difficulties have increased in providing the new coronavirus vaccine (Corona 19).
On the same day, on the New York Commercial Exchange (NYMEX), West Texas Crude Oil (WTI) for December delivery closed at $ 41.12, down 0.8% ($ 0.33) a barrel.
January Brent crude on the London ICE futures exchange is trading at $ 43.38, down 1% a barrel at 3:30 pm.
The “vaccine demonstration” has continued for three days since US pharmaceutical company Pfizer and Germany’s Bioentech released an interim result that the COVID-19 vaccine showed a more than 90% prevention effect on day 9.
The International Energy Agency (IEA) predicts global oil demand is unlikely to increase significantly by 2021 thanks to vaccines.
The international price of gold, a safe commodity, rose slightly on this day.
Gold for December deliveries on the New York Merchandise Exchange closed at $ 1873.30, up 0.6% an ounce ($ 11.70).
Reporter Jeong Hye-jeong [email protected]
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