Post Tagged with: "Covid-19 vaccine"

Source: Reuters

Barclays keeps 2021 oil price outlook, supported by vaccine boost

Reuters

Barclays kept its “above consensus” 2021 oil price forecasts on Monday, predicting Brent at $53 a barrel based on output discipline by OPEC and its allies, and based on a potential COVID-19 vaccine boosting demand in the second half.…

November 23, 2020 - 2:00 pm — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News, Finance
Source: Reuters

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

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November 23, 2020 - 9:00 am — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News
Source: Reuters

Oil jumps 4% on latest COVID-19 vaccine progress

Reuters

LONDON – Oil prices jumped more than 4% on Monday, recouping the previous session’s losses after Moderna Inc MRNA.O said its experimental vaccine was 94.5% effective in preventing COVID-19.

Brent crude futures for January were up $1.79, or 4.2%, …

November 16, 2020 - 10:00 am — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News, OPEC
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