Oil rises as vaccine hopes outweigh poor fuel demand
Both Brent and WTI jumped 8%, their biggest daily rise in five months
10 November 2020 - 14:14
London — Oil prices rose on Tuesday as hopes that a Covid-19 vaccine could be on the horizon outweighed the expected negative impact on fuel demand of new lockdowns to curb the virus.
Brent crude futures rose 45c, or 1.1%, to $42.85 by 10.30am GMT, while US West Texas Intermediate (WTI) crude futures gained 34c, or 0.8%, to $40.63...
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