Oil drops after strong recovery, demand hopes limit losses
Oil drops after strong recovery, demand hopes limit losses
SINGAPORE: Prices fell on Thursday, abandoning some of the recent large gains, although losses were dampened by production cuts and hopes that the vaccine rollout will lead to a recovery in demand. Brent fell 39 cents, or 0.6%, to $ 61.08 a barrel at 2:31 a.m. GMT, after hitting its highest level since January 2020 […]
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