Oil hits 11-month highs on Saudi cuts, shrugs off US turmoil

Stocks climb after Democrats win control of US Senate

CONFIRMED: Investors believe Democratic US President-elect Joe Biden is empowered to spend more freely now that the party controls both chambers of US Congress — CONFIRMED: Investors believe Democratic US President-elect Joe Biden is empowered to spend more freely now that the party controls both chambers of US CongressPhoto: AP/SCANPIX

Reuters

USA Saudi Arabia North Sea Oil Price Joe Biden

Published 7 January 2021, 23:05Updated 7 January 2021, 23:05