Oil inches up as slow coronavirus vaccine rollouts dampen sentiment
Brent crude futures and US West Texas Intermediate rise after gaining nearly 8% in January
01 February 2021 - 08:18
Tokyo — Oil prices edged higher on Monday after a weak start, holding on to the past three months of gains, though patchy coronavirus vaccine rollouts, new infections and the discovery of new variants are keeping a lid on prices.
Brent crude futures were up 10c at $55.14 a barrel by 4.33am, while US West Texas Intermediate (WTI) gained 1c to $52.21. Both benchmarks gained nearly 8% in January...
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