Health
Oil price rally builds steam as coronavirus vaccine rollouts begin – Deccan Herald
Oil rose around 1% on Friday, extending a sharp rally overnight that saw Brent rise above $50 for the first time since March, as coronavirus vaccination rollouts…
Oil rose around 1% on Friday, extending a sharp rally overnight that saw Brent rise above $50 for the first time since March, as coronavirus vaccination rollouts kept hopes alive that demand for crude would build up next year.
Brent was up 45 cents or 0.9% at $50.70 a barrel by 0121 GMT, after gaining nearly 3% on Thursday. US oil was up 50 cents, or 1%, at $47.28 a barrel, having also risen almost 3% in the previous session.
That leaves prices set for a sixth consecutive week of gains as promising…
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