Oil prices fairly steady as Brexit deal seems close
US crude, petrol and distillate stocks fall last week and US drillers added oil and gas rigs for the fifth week in row
24 December 2020 - 13:40
Tokyo — Oil prices edged down on Thursday but were holding well above $50 per barrel in light holiday trade as a drop in US stockpiles spurred demand hopes, while hints of an imminent Brexit deal underpinned investors’ risk appetite.
Brent crude futures were down 40c, or 0.8%, to $50.80 a barrel at 11am GMT, while US West Texas Intermediate (WTI) crude was down 36c, or 0.75%, to $47.76...
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