Oil inches up as tight supply, vaccinations outweigh virus concerns


SINGAPORE, July 27 (Reuters): Oil prices rose on Tuesday with investors betting tight supply and rising vaccination rates will help offset any impact on demand due to surging Covid-19 cases worldwide.

Brent crude futures climbed 34 cents, or 0.46%, to US$74.84 a barrel at 0508 GMT, extending a 0.5% gain on Monday.

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Oil , Price , Rising , Tight Supply , Covid-19 , More Vaccinations

   

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