Oil Prices Climb On Stimulus Hopes

Oil Prices Climb On Stimulus Hopes

Oil is once again trapped between vaccine optimism and near-term pandemic pessimism.

Vaccinations began across the EU in recent days, but there are signs of an economic hit in Asia on an uptick in infections.

The front-end of the brent curve has moved back into contango, a sign of bearishness for the time being.

Information Source : Read Full Release ..


Report by: :By Tom Kool for Oilprice.com



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