Post Tagged with: "vaccine hopes"

Source: Reuters

Oil rallies past eight-month high on U.S. crude inventory drop, vaccine hopes

Reuters


NEW YORK – Oil prices climbed to the highest in more than eight months on Wednesday, as data showing a surprise drop in weekly U.S. crude inventories extended a rally driven by hopes that a COVID-19 vaccine will boost …

Source: Reuters

Oil set for third week of gains on vaccine hopes

Reuters


NEW YORK – Oil prices edged higher on Friday, on track for a third consecutive weekly rise, buoyed by successful COVID-19 vaccine trials, while renewed lockdowns in several countries to limit the spread of the coronavirus capped gains.

Brent …

November 20, 2020 - 10:00 am Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

Oil jumps on vaccine hopes and OPEC+ supply signals

Reuters


LONDON  – Oil jumped by almost 10% on Monday for its biggest daily gain in more than six months after Pfizer announced promising results for its COVID-19 vaccine candidate and Saudi Arabia said an OPEC+ oil output deal could …