Oil prices begin week with gains
Traders capitalised ‘on a bullish cocktail of news on Monday morning’
25 January 2021 - 13:20
London — Oil prices edged up on Monday as supply jitters and US stimulus plans offset fresh concerns about the hit to global fuel demand from renewed lockdowns to curb spikes in Covid-19 infections.
Brent crude futures for March rose 34 US cents, or 0.6%, to $55.75 a barrel by 10.08am GMT. US West Texas Intermediate crude for March was up 37c, or 0.7%, at $52.64...
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