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Oil: Prices up helped by a weaker dollar and vaccination

21/04/2021
Source : ORISHAS FINANCE
Categories: Sectors

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By crossing respectively the bars of 64 and 68 dollars, Brent and WTI find prices more seen since March 18. Oil prices were supported on Tuesday by a bout of weakness in the US dollar .

Around 09:35 GMT (11:35 a.m. in Paris), a barrel of Brent from the North Sea for delivery in June was worth 67.65 dollars in London, up 0.89% compared to Monday's close. In New York, the American barrel of WTI for the month of May, of which it is the last day of trading, advanced by 0.98%, to 64.00 dollars.
According to Neil Wilson of Markets.com , the success of the vaccination program in the United States is a major boost for the world's largest consumer.

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