Oil recedes amid New York coronavirus borders, wins for 6th week

Oil recedes amid New York coronavirus borders, wins for 6th week

Oil prices stabilized on the downside on Friday, as demand worries over new coronavirus-related restrictions on business in New York overshadowed progress on vaccination programs. Brent futures stabilized 28 cents, or 0.6% at $ 49.97 a barrel. The contract surpassed $ 51 per barrel on Thursday to peak in early March. U.S. West Texas Intermediate […]
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