News Snapshot:
Meanwhile, OPEC will likely extend its output cuts: File Image/PixaBay Like the Pfiser announcement of last week, news of Moderna 's Covid vaccine being 94.5 percent effective in preventing the virus caused a solid boost in crude prices on Monday - as did strong economic data from China and India . Brent settled up $1.04 , or 2.43 percent , at $43.82 per barrel, while West Texas Intermediate crude was up $1.21 , or 3 percent , at $41.34 . Gary Cunningham , director of market research at Tradition Energy , explained Monday's trading patterns by noting that, "There was...
