Oil edges higher on US stimulus hopes but demand fears persist - Business News, Finance News, Share Market News - Market trendz

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Friday, 12 February 2021

Oil edges higher on US stimulus hopes but demand fears persist

Brent crude was up 38 cents, or 0.6%, at $61.52 a barrel by 11:06 a.m. ET (1606 GMT) having dropped to a session low of $60.35 earlier. US oil was up 22 cents, or 0.4%, at $58.46 after falling to a session low of $57.41.

from Commodities-Markets-Economic Times
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