US West Texas Intermediate (WTI) was around 0.6% down into the closing bell on Wall Street as investors fret around the risks in the new global wave of the coronavirus Delta variant to energy demand. At the time of writing, WTI is trading at $71.75 and had travelled between a high of $72.30 and $71.10 into early Asian trade. Even though supplies are tightening and vaccination rates rising, oil cannot shake off the prospects of fresh economic shutdowns and the negative ramifications for the energy complex. In Europe, where the spread is feard to be the worst of all, Britain reported its highest number of deaths and ... (full story)