Oil sits near three-month highs as vaccines fuel hopes of recovery in demand

Oil sits near three-month highs as vaccines fuel hopes of recovery in demand

SINGAPORE: Oil prices maintained their gains on Tuesday as the announcement of a promising third vaccine candidate raised hopes of a rapid recovery in oil demand, while US President-elect Joe Biden received the green light to begin his presidential transition. Brent futures rose 3 cents, or 0.1%, to $ 46.09 a barrel at 0113 GMT, […]

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