Oil extends gains following surprise inventory draw in US amid vaccine upturn

Oil extends gains following surprise inventory draw in US amid vaccine upturn

TOKYO: U.S. oil rose for a fifth day on Thursday as a surprise drop in crude inventories extended a rally motivated by hopes vaccines would end the coronavirus pandemic and boost demand for fuel. Brent rose 20 cents, or 0.4%, to $ 48.81 a barrel, after advancing about 1.6% in the previous session. West Texas […]

The post Oil extends gains following surprise inventory draw in US amid vaccine upturn

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