Live Breaking News & Updates on Phillip Alaska|Page 1

-    A federal court rejected a bid from Indigenous tribes to halt the construction of
Enbridge’s (NYSE: ENB) Line 3 pipeline.
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Tuesday, February 9, 2021 
Brent topped $60 per barrel on Monday, hitting a fresh high. OPEC+ cuts combined with enhanced expectations of U.S. economic stimulus pushed crude oil up. The market continues to tighten. “Support seems robust and the narrative sees the oil market swiftly burning through the remaining crisis-surplus, potentially running into tightness later this year,” Norbert Rücker, an analyst at Swiss bank Julius Baer, told Reuters. 
Could oil hit $100? Oil prices could go as high as $100 a barrel next year on the back of “very easy monetary policy” and reflation trade, Amrita Sen, chief oil analyst at Energy Aspects, told Bloomberg in an interview. ....

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