'Green energy' push will intensify bullish oil fundamentals
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Source: zawya.com
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Big Stockpile Draw Boosts Oil Prices, as "Bullishness" Anticipated In New Year
Big Stockpile Draw Boosts Oil Prices, as "Bullishness" Anticipated In New Year by Ship & Bunker News Team Wednesday December 30, 2020 A healthy draw in U.K. offset disappointment over more delays for a Covid fiscal aid package from Washington and caused crude prices on Wednesday to settle higher, but modestly so. Brent settled up 40 cents to trade at $48.40. With the U.K. drawing attention for being a European Covid epicentre as well as a litmus test for potential demand recovery, traders welcomed news that it now has enough vaccine to cover the entire population after the AstraZeneca...
Source: shipandbunker.com