Oil rises with US stimulus outlook supporting demand outlook – Houston Chronicle

Oil rises with US stimulus outlook supporting demand outlook – Houston Chronicle

Oil posted the biggest gain in a week in New York City, as the United States could push ahead with another economic stimulus deal that could boost consumption.

Treasury Secretary Steven Mnuchin said there are areas where a compromise on a massive aid bill is possible and a “fair deal” could be reached. Meanwhile, a recovery in the United States is seeing some momentum: new cases of Covid-19…

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