Production

Oil continues to rally as US stocks fall

Prices continue to rise, extending a rally that has now gone for more than a week in the face of renewed optimism for fuel demand

More good news: the oil prices have rallied for more than a week now on pledges of supply cuts from major producers and renewed hopes for demand amid Covid-19 vaccination programmes
More good news: the oil prices have rallied for more than a week now on pledges of supply cuts from major producers and renewed hopes for demand amid Covid-19 vaccination programmesPhoto: AP/SCANPIX
  • Reuters
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Published 10 February 2021, 04:48Updated 10 February 2021, 04:48