News Snapshot:
1 day ago Bloomberg Oil rose on expectations that further progress in vaccines against the coronavirus will revive global demand, and amid signs of robust consumption in Asia. Brent futures advanced 1.4% as Pfizer Inc said a final analysis of clinical-trial data indicated its Covid-19 vaccine was 95% effective. The overall price structure of the market also showed the outlook is brightening, with spreads between the end of this year and next the tightest since March. Refiners in China, Japan and South Korea snapped up cargoes from Russia, the Middle East and the US, leading to a gain in physical...
