Oil ignores US inventory gain aided by vaccine hopes
Oil rose for a fourth straight session on Wednesday as the market ignored an industry report showing U.S. crude inventories rose more than expected, prolonging a recovery driven by hopes that a COVID-19 vaccine will stimulate the demand for fuel. Brent rose 74 cents, or 1.5%, to $ 48.60 a barrel at 10:59 a.m. GMT, […]
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