Oil rises, hovers below $50/barrel as U.S. mulls stimulus, OPEC+ compromises

NEW YORK — Brent crude oil futures rose to just under $50 a barrel on Friday as expectations of a U.S. economic stimulus package and the possibility of a vaccine for the coronavirus overrode rising supply and increased COVID-19 deaths. A bipartisan $908 billion coronavirus aid plan gained momentum in the U.S. Congress. Brent was […]

Appeared on SweetCrude

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