Crude oil futures retreat after overnight rally on vaccine news, US stock draw

Crude oil futures retreat after overnight rally on vaccine news, US stock draw
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04.12.2020

MOSCOW (MRC) -- Crude oil futures slipped during mid-morning trade in Asia Dec. 3 after rallying overnight following fresh reports of COVID-19 vaccine approvals in the UK, crude oil inventory draw in the US and as signs of progress on OPEC+ talks emerge, reported S&P Global.At 10:40 am Singapore time (0240 GMT), ICE Brent February contract was 13 cents/b (0.27%) lower from the Dec. 2 set

Full article at mrcplast.com

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