Tokyo — Oil rose for a fifth day on Thursday after a surprise fall in US crude inventories gave further legs to a rally driven by optimism that vaccines will end the coronavirus pandemic and revive demand for fuels.
Brent futures were up 45 US cents, or 0.9%, at $49.06 a barrel by 2.45am GMT, after rising around 1.6% in the previous session. West Texas Intermediate (WTI) crude was up by 34c, or 0.7%, at $46.05 a barrel, having gained 1.8% on Wednesday...
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