Brent oil climbs above $56 with dollar swings dominating market
Summary by News24
Brent oil extended gains above $56 a barrel, rising with other assets on hopes of more US economic stimulus and a weaker dollar.
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Oil above $56 on U.S. stimulus hopes ahead of Biden inauguration
LONDON -- Oil rose above $56 a barrel on Wednesday, supported by expectations the new U.S. administration will deliver massive stimulus spending that would lift demand, as well as by OPEC curbs and forecasts of a drop in U.S. crude inventories. Read More
Oil above $56 on U.S. stimulus hopes ahead of Biden inauguration
ReutersLONDON – Oil rose above $56 a barrel on Wednesday, supported by expectations that the new U.S. administration will deliver massive stimulus spending that would lift demand, as well as by OPEC curbs and forecasts for a drop in …The post Oil above $56 on U.S. stimulus hopes ahead of Biden inauguration appeared first on Oil & Gas 360.
