Bloomberg Television
@markets·3.2M subscribers·95.6K videos
Why Was Oil Impacted So Much by the Omicron Variant?
Posted
December 6, 2021
Views
2,876
Likes
39
Comments
5
Engagement
December 6, 2021
2,876
39
5
1.53%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
1:05Now PlayingAs the news of the new Covid19 omicron variant spread, no market was hit harder than crude oil, which tumbled over 10%. However, the selling pressure may have been exacerbated by hedging moves from investors who had, prior to news of variant, been betting on oil surging to around $100 a barrel. Here’s the story behind the options machinations that roiled oil markets during the past week. Presented by @cmegroup
"Subscribe to our YouTube channel
Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app.
Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake
Connect with us on…
Breaking News on YouTube
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
