Oil has fallen in price again


November 30, Fineko/abc.az. Today, oil has fallen in price again after a rapid increase at the beginning of the week. 

ABC.AZ reports that experts say that the decline occurred after the statement of Stefan Bansel, the CEO of American pharmaceutical company Moderna. 

Thus, Brent futures fell by about 5% after Bansel stated that existing vaccines against a new type of coronavirus are ineffective for the Omicron strain.
In an interview for Financial Times, Bansel noted that a large number of mutations in the protein that the virus uses to enter human cells will probably require modification of existing vaccines.