Oil rises about 1%, posts third week of gains on vaccine hopes

Both benchmarks gained about 5% this week

Oil price: Brent crude futures rose 76 cents, or 1.7%, to settle at $44.96 a barrel — Oil price: Brent crude futures rose 76 cents, or 1.7%, to settle at $44.96 a barrelPhoto: AFP/SCANPIX

Reuters

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Published 20 November 2020, 21:08Updated 20 November 2020, 21:08