Byusnewsr1-

Jan 28, 2021

Oil stabilizes as demand worries induced by Covid-19 persist

Oil stabilizes as demand worries induced by Covid-19 persist

Oil stabilized on Thursday after early declines fueled by delays in vaccine deployment and new travel restrictions to prevent further outbreaks of the coronavirus. Brent futures rose 8 cents, or 0.1%, to $ 55.89 a barrel at 1:31 p.m. GMT, after hitting a session low of $ 55.31. U.S. West Texas Intermediate (WTI) crude futures […]
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