Oil climbs on COVID-19 vaccine optimism, but demand concerns persist

摘要

Crude futures settled higher Dec. 15 as progress on US approval of a second COVID-19 vaccine overshadowed newly bearish demand projections. NYMEX January WTI settled 63 cents higher at $47.62/b, and ICE February Brent climbed 47 cents to settle at $50.76/b.