Post Tagged with: "vaccine optimism"

Source: Reuters

Brent oil hovers around $50/bl on vaccine optimism and weaker dollar

Reuters


LONDON -Oil prices edged lower on Wednesday after a surprise gain in U.S. crude inventories and tighter coronavirus lockdowns in Europe but a weakening dollar and progress on the rollout of COVID-19 vaccines offered support.

Brent crude futures were …

Source: Reuters

Oil rises above $50 as vaccine optimism offsets new lockdowns

Reuters


LONDON – Oil rose further above $50 a barrel on Tuesday as optimism from the roll-out of coronavirus vaccines balanced out tighter lockdowns in Europe and forecasts of a slower demand recovery.

The United States began vaccinating people on …

December 15, 2020 - 10:00 am Closing Bell Story‎, Crude Oil News, Energy News