Oil falls on demand rally driven by vaccine optimism
Brent crude was down 75c a barrel while West Texas Intermediate crude fell 72c
26 November 2020 - 12:51
London — Oil slipped from seven-month highs on Thursday as signs of growing supplies helped halt a rally driven by optimism that coronavirus vaccines will revive fuel demand.
Brent futures had risen to nearly $50 a barrel this week after three major pharmaceutical companies announced progress on vaccines that could start to be rolled out before the year-end...
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