Oil holds near 12-week high, with energy stocks soaring

The price of oil held at over $43 a barrel in overnight trading on Sunday and into this morning’s European open, its highest level since early September. That follows the third straight week of gains for oil prices, as progress towards a widely available Covid-19 vaccine has raised hopes of an improvement in energy demand.Continue reading “Oil holds near 12-week high, with energy stocks soaring”

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