Oil Holds Above $59 as Traders Assess Vaccines, Demand Outlook

Bloomberg Quint | Apr 7, 2021 at 1:47 PM
  • Oil traded near $63 a barrel in London as traders awaited weekly U.S. inventory data for the latest steer on the demand recovery.
  • Wednesday’s government data will offer clues on the health of American consumption after the world’s largest economy posted a string of positive economic figures.
  • It has also been largely stuck between $60 and $65.