Oil prices stabilize as lockdowns dampen US stimulus optimism

Oil prices stabilize as lockdowns dampen US stimulus optimism

Oil prices held steady on Monday, under pressure from falling stock indices, but optimism around US stimulus packages and some supply concerns supported futures contracts. Brent futures were unchanged at $ 55.41 per barrel at 11:21 a.m. EST (4:21 p.m. GMT). US West Texas Intermediate crude fell 13 cents to $ 52.14 a barrel. Major […]
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