Oil trims gains as global vaccination rollout lifts demand
Oil slips but Brent crude is set to rise 0.5% this week as Opec sticks to forecast that demand in 2021 will grow
11 June 2021 - 07:29
Melbourne — Oil prices slipped on Friday but were set for their third weekly rise on expectations for a recovery in fuel demand in Europe, China and the US as rising vaccination rates lead to an easing of pandemic curbs.
Brent crude futures fell 23c, or 0.3%, to $72.29 a barrel at 1.45am GMT, reversing most of Thursday’s climb to its highest close since May 2019...
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