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

Please email us your industry related news for publication info@OilAndGasPress.com

Submit a Press Release

Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook