Post Tagged with: "virus fears"

Source: Reuters

Oil rises but remains rangebound as OPEC cuts offset virus fears


SINGAPORE  – Oil prices edged up on Friday but traded in a tight range as demand concerns caused by new coronavirus variants and slow vaccine rollouts offset a cut in Saudi Arabian oil supply and falling U.S. oil inventories.…

January 29, 2021 - 9:00 am Closing Bell Story‎, Crude Oil News, Energy News