Investing.com investing.com 21 Dec, 2020 22:15 am

Oil Down 3%,  2nd Covid Strain Deals Crude Hardest Blow in 7 Weeks By Investing.com

Oil Down 3%,  2nd Covid Strain Deals Crude Hardest Blow in 7 Weeks By Investing.com
Oil Down 3%,  2nd Covid Strain Deals Crude Hardest Blow in 7 Weeks

drivers cut miles in October 8.motorists drove 259 billion vehicle miles in October, down by 25 billion miles, or 8.By Barani Krishnan Investing.Gold Dips After $1,900 Shot as Stimulus Butts Heads With Dollar p By Barani Krishnan Investing.

Brent futures have cumulatively risen by 250 million barrels in the six weeks to Dec 15, defying supply-demand logic in data from both OPEC — the Organization of Petroleum Exporting Countries that represents the biggest producers — and International Energy Agency — which serves as watchdog for Western consumers, Hansen noted.One example was the market going up even after OPEC cuts its expectations for global fuel consumption in the first quarter of 2021 by 1 million barrels a day.

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