Oil prices rise as US stimulus may lead to rise in demand
Brent crude was up 1.4% and US West Texas Intermediate crude futures added 1.4%
29 December 2020 - 13:41
London — Oil rose on Tuesday as the US moved towards expanding pandemic aid payments, potentially spurring fuel demand and stimulating economic growth, which pushed investors to take on more risk.
Brent crude was up 72c, or 1.4%, at $51.58 a barrel by 10.57am GMT, while US West Texas Intermediate (WTI) crude futures added 67c, or 1.4%, to $48.29 a barrel...
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