Oil jumps on Covid-19 vaccine hopes and Opec+ supply signals

Significant rise in crude prices on back of positive vaccine news and Saudi assurances

Breakthrough?: Cautious optimism over news from Pfizer on a Vocid-19 vaccine — Breakthrough?: Cautious optimism over news from Pfizer on a Vocid-19 vaccinePhoto: AFP/SCANPIX

Reuters

Pfizer Saudi Arabia US Opec Russia

Published 9 November 2020, 14:20Updated 9 November 2020, 14:20