MELBOURNE—Oil prices fell for a third day straight on Wednesday on growing expectations that supply growth will outpace demand growth next year, even though the Omicron coronavirus variant is not seen curbing mobility as sharply as earlier COVID-19 variants.
U.S. West Texas Intermediate (WTI) crude futures fell 82 cents, or 1.2 percent, to $69.91 a barrel at 0413 GMT, after losing 56 cents in the previous session.
