After trading barely north of $35 per barrel only three weeks ago, Brent crude futures have shot up by more than $10 this month, with the ICE Brent January contract touching an intraday high just above $48/bbl on Tuesday (IOD Nov.23’20). "News of a third vaccine yesterday gave the bulls another boost and it looks like Donald [Trump] has thrown in the towel, and up we went,” Star Fuels senior broker Matt Stanley wrote in a market commentary.
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