Oil gains as vaccine hopes outweigh lockdown impact

Oil gains as vaccine hopes outweigh lockdown impact

LONDON: Oil prices rose on Tuesday, with hopes that a COVID-19 vaccine could be on the horizon outweighing the expected negative impact on fuel demand from further lockdowns to stem the virus. Brent futures rose 34 cents, or 0.8%, to $ 42.74 at 1:12 p.m. GMT, while US West Texas Intermediate (WTI) crude futures gained […]

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