Post Tagged with: "vaccine news"

Source: Reuters

Oil extends gains on vaccine hopes, shrugs off U.S. inventory build

Reuters


LONDON – Oil prices climbed for a fourth straight session on Wednesday, shrugging off a report showing U.S. crude inventories rose more than expected and extending a rally driven by hopes that a COVID-19 vaccine will boost fuel demand.…

Source: Reuters

Oil hits highest since March on vaccine and Biden transition

Reuters


LONDON – Oil hit its highest since in March on Tuesday, rising above $47 a barrel as a third promising coronavirus vaccine raised demand recovery hopes and U.S. President-elect Joe Biden received the go-ahead to begin his transition.

AstraZeneca …