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Oil Posts Two-Month High Amid Demand Recovery, Vaccine Hopes

  • New York will open a sixth region; urges sports to resume
  • WTI crude futures climbed 8.1%; highest level since March
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Oil Rises for a Third Week
Updated on

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Oil rose to levels not seen since Covid-19 lockdowns paralyzed the world’s largest economy, lifted by signs of recovering demand and news of a viable coronavirus vaccine.