Oil prices climb amid stimulus hopes


  • World
  • Thursday, 21 Jan 2021

NEW YORK, Jan. 20 (Xinhua) -- Oil prices moved higher on Wednesday, buoyed by hopes for further U.S. fiscal stimulus.

The West Texas Intermediate for February delivery added 26 cents to settle at 53.24 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery increased 18 cents to close at 56.08 dollars a barrel on the London ICE Futures Exchange.

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