Oil gains after stocks run down in hopes of coronavirus vaccine

Oil gains after stocks run down in hopes of coronavirus vaccine

TOKYO: Oil futures rose on Wednesday after an industry report showed US crude inventories fell more than expected, with prices continuing to be supported by news of successful trials a vaccine against the coronavirus. Brent rose 31 cents, or 0.7%, to $ 43.92 a barrel at 2.13 a.m. GMT, while U.S. oil gained 36 cents, […]

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