This Week’s Market Buzz

• At press time, oil prices fell after a new strain of coronavirus discovered in the U.K. sparked fresh travel restrictions across Europe and concerns that there may be more lockdowns globally. Brent crude oil, the international benchmark, dropped 2.6% to $50.91 a barrel. Futures tied to West Texas Intermediate, the main U.S. crude gauge, fell 2.8% to $47.74 a barrel.

• Forbes Business Development Council named Jeremy Snell with Capital Sand Proppants as an outstanding leader and new member. Forbes Business Development Council is an invitation-only organization for senior-level sales and business development executives.

• Federal wildlife managers are considering offering permits to landowners in the Permian Basin that environmentalists say could further compromise habitat for a rare lizard found only in parts of southeastern New Mexico and West Texas. The permits would be available to landowners who are participating in candidate conservation agreements with the federal government. The permits would cover situations when dunes sagebrush lizards are harmed or killed during oil and gas operations, sand mining, renewable energy development, agriculture or construction activities.

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