Vaccine hope sends oil price soaring
Arabnewsksa10 Nov, 2020News
DUBAI: Crude oil prices soared on Monday on the twin hopes of a vaccine against COVID-19 and concerted action by the OPEC+ alliance to keep a tight grip on oil supply. Brent crude, the global benchmark, jumped 9 percent to more than $43 a barrel and stock markets around the world leapt amid hopes of an end to global economic lockdowns.
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