Crude oil futures climb as pandemic concerns recede, tight supply

Crude oil futures climb as pandemic concerns recede, tight supply
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09.02.2021

MOSCOW (MRC) -- Crude oil futures strengthened during mid-morning trade in Asia Feb. 9, as expectations of a return to pre-coronavirus consumption patterns amid the abating crisis and hopes of an upcoming US stimulus package lifted demand sentiment. The production curbs by OPEC+ along with lower year-on-year US shale production has tightened supply, providing yet another boost to the inte

Full article at mrcplast.com

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