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The new strain is believed to be 70% transmissible, its widespread has shut down Britain and made a lot of countries close their borders to British travellers.
Brent crude futures for February rose 38 cents, or 0.8%, to $50.35 a barrel by 04:54 GMT, while US West Texas Intermediate crude futures for January were up 32 cents, or 0.7%, at $46.89 a barrel.
US West Texas Intermediate (WTI) crude futures fell 36 cents, or 0.8%, to $46.63 a barrel at 05:06 GMT, while Brent crude futures fell 40 cents, or 0.8%, to $49.89 a barrel, erasing Monday's gains.
Brent crude climbed 23 cents, or 0.5%, to $51.09 a barrel, as of 04:10 GMT and US West Texas Intermediate (WTI) crude futures added 23 cents, or 0.5%, to $47.85 a barrel.
Brent crude futures declined 25 cents, or 0.5%, to $51.04 a barrel while US West Texas Intermediate (WTI) crude futures slipped 19 cents, or 0.4%, to $48.04 a barrel.
Brent crude futures fell 11 cents, or 0.2%, to $50.65 a barrel at 04:21 GMT, while US West Texas Intermediate (WTI) crude futures fell 9 cents, or 0.2%, to $47.53 a barrel.
Brent crude futures rose 38 cents, or 0.7%, to $51.58 a barrel by 05:30 GMT while US West Texas Intermediate (WTI) crude futures increased 31 cents, or 0.6%, to $48.43.
Brent crude futures rose 45 cents, or 0.9%, to $51.53 a barrel at 04:36 GMT, while US West Texas Intermediate (WTI) crude futures rose by 46 cents, or nearly 1%, to $48.28 a barrel.
According to data, heavy distillates rose 11 per cent to 11. 327 million barrels. Middle distillate declined 0.1 per cent to 6.054 million barrels. Lastly, light distillate gained 6.4 per cent to 7.257 million barrels.
US West Texas Intermediate (WTI) crude futures slipped 17 cents or 0.4%, to $48.19 a barrel at 05:13 GMT, while Brent crude futures fell 26 cents, or 0.5%, to $51.24 a barrel.