Brexit cheer and lower US stocks lift oil
US drillers add oil and gas rigs for fifth week in row
24 December 2020 - 07:22
Tokyo — Oil extended gains on Thursday as a drawdown in US stockpiles of crude and petroleum lifted demand hopes, while investors also cheered a potential Brexit trade deal.
US West Texas Intermediate (WTI) crude futures rose 18c, or 0.4%, to $48.30 a barrel by 1.24am GMT, while Brent crude futures climbed 20c, or 0.4%, to $51.40...
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