Friday, August 28, 2026
Oil prices rise on COVID-19 vaccine news- oil and gas 360

Oil prices rise on COVID-19 vaccine news

Reuters LONDON – Oil prices rose on Monday, extending last week’s gains as traders anticipated coronavirus vaccine trials would spur a recovery in demand. Sentiment was also bolstered by expectations that the Organization of the Petroleum Exporting Countries (OPEC), Russia and other producers, a group known as OPEC+, would extend a deal to restrain output. Brent crude rose 58 cents