Commodities round-up: Crude oil rally continues; USD decline supportive

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In the last two months, crude has seen a range of USD 86 per bbl to USD 65 per bbl on the lower side and now holding at USD 75/bbl.

The US dollar is declining, the Omicron cases are rising but markets do not believe that it would impact travel in a much bigger way and that seems to be a supportive factor here.

Watch the accompanying video of CNBC-TV18’s Manisha Gupta for more details.