Oil prices rise as investors look to higher demand seen in second half


LONDON, Jan 19 (Reuters): Oil prices climbed on Tuesday as optimism that government stimulus will eventually lift global economic growth and oil demand trumped concerns that renewed COVID-19 pandemic lockdowns globally are cooling fuel consumption.

Brent crude futures for March rose 46 cents to $55.21 a barrel by 0916 GMT after slipping 35 cents in the previous session.

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Oil , Price Rising , Demand , Expected , Middle of 2021

   

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