Oil prices continue rising on coronavirus vaccine progress
Oil prices rose by 0.56-0.69%
As of November 25 (08:49, Moscow time), Brent Crude futures for February delivery rose by 0.69% to $48.11 per barrel on the London-based ICE Futures Europe Exchange.
Light Sweet Crude (WTI) futures for January delivery on the New York Mercantile Exchange rose by 0.56% to $45.20 per barrel.
OPEC+ approved on April 12, 2020, new oil output cut by 9.7 million bpd in May-June, 7.7 million bpd in the second half and 5.8 million bpd by May 2022.