Oil hits 8-month high on slow march to $ 60, analysts say – Houston Chronicle

Oil hits 8-month high on slow march to $ 60, analysts say – Houston Chronicle

The price of U.S. oil climbed to an eight-month high on Wednesday amid optimism about a coronavirus vaccine and belief that OPEC and its allies will extend production cuts next week. The enthusiasm has led to a prediction that oil prices could approach pre-pandemic levels by the summer and boost Houston’s struggling oil and gas […]

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