Global optimism over economic outlook and vaccine rollouts boost oil prices
Progress in reviving nuclear deal with Iran caps gains
07 April 2021 - 07:00
Singapore — Oil prices edged higher on Wednesday on the prospects for stronger global economic growth amid increased Covid-19 vaccinations and a report that crude inventories in the US, the world’s biggest fuel consumer, fell.
But optimism over talks between the US and Iran and an impending increase in supply by major oil producers capped gains...
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