Crude oil prices continue to rise

Business | 25 Nov 2020 9:32 pm

Oil climbed for a fourth straight session on Wednesday as the market shrugged off an industry report showing U.S. crude stockpiles rose more than expected, extending a rally driven by hopes that a coronavirus vaccine will boost fuel demand, Reuters reports.

Brent crude was up ?30? US cents, or ?6? percent, at US$48.?16? a barrel, having risen by almost 4 percent in the previous session. West Texas Intermediate crude gained 24 US cents, or 0.5 percent, to US$45.15, after rising by more than 4 percent on Tuesday.



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