12:11 AM, March 26, 2023

Oil heads for seventh weekly gain as vaccine rollouts support

Daily News
| The European | 18 December 2020

(Reuters) – Oil steadied near a nine-month high on Friday on track for a seventh weekly gain in a row as investors focused on the rollout of COVID-19 vaccines. Pfizer has applied for approval in Japan for its vaccine, which is being used in the United Kingdom and the United States. The U.S. FDA is also working towards approving Moderna’s shot. 
Brent crude was down 0.2%, at $51.38 at 0925 GMT, near the nine-month high of $51.90 hit on Thursday. 

Sign Up

For the latest news

Download the App free today

Follow
your favourite
business magazine
while on the go.
Available on

Magazine Hard Copy Subscription

Get your
favourite magazine
delivered directly
to you

Purchase

Magazine Digital Subscription

Get the digital
edition of the award winning
The European

Subscribe

Climate Change
Review

Subscribe

Awards

Supplement

Read about our award winners

Read supplement

India in Focus

Supplement

Read about business and energy strategies

Read supplement

Other Daily News Articles You May Like

Website Design Canterbury