SINGAPORE, Dec 27 (Reuters): Oil prices fell on Monday, with US crude plunging more than a dollar, after airlines called off thousands of flights in the United States over the Christmas holidays amid surging Covid-19 infections.
US West Texas Intermediate crude futures were down 97 cents, or 1.3%, at $72.82 a barrel by 0745 GMT after touching a low of $72.71 a barrel earlier in the session. It did not trade on Friday because U.S. markets were closed for the holiday.
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