Oil stable as supply cuts offset demand concerns over stranded vaccine deployments
Oil stable as supply cuts offset demand concerns over stranded vaccine deployments
MELBOURNE: Oil prices were mixed on Friday as an ongoing supply reduction by Saudi Arabia and lower US oil inventories helped counter the risks of slowing fuel demand due to the lockdown vaccine deployments and new contagious strains of coronavirus. U.S. West Texas Intermediate (WTI) crude futures slipped 3 cents to $ 52.31 a barrel […]
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