Oil Climbs Again As More Analysts Express Confidence Over Demand Recovery

Oil Climbs Again As More Analysts Express Confidence Over Demand Recovery
by Ship & Bunker News Team
Thursday April 15, 2021
Although the gains were minimal compared to the previous session's almost
5 percent rise, crude prices on Thursday closed at their highest for two key benchmarks since March 17 - again due to strong demand data spurred by the worldwide Covid vaccination rollout.
After it was learned that
U.S. retail sales rebounded more than expected in March as Americans received additional pandemic relief checks and as the vaccinations kicked in, Brent rose
36 cents to settle at
$66.94 per barrel, and West Texas Intermediate rose

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