Crude Oil Prices Surge to 2-Month High on Vaccine Hopes, Falling Stockpiles

11 November 2020 Last updated : 11 November 2020 BonTrade

Crude oil prices rose to two-month highs on a much larger-than-expected decline in US inventories. WTI looks set to break a key resistance level at US$ 41.50, riding the tailwind of vaccine hopes.

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Crude Oil Prices Surge to 2-Month High on Vaccine Hopes, Falling Stockpiles

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