News Snapshot:
Markets Oil rises as demand recovery raise hopes for fuel consumption US, China and parts of Europe are rebounding strongly from the pandemic as a vaccination drive accelerates 17 May 2021 - 07:40 Ben Sharples Picture: 123RF/EVGENII BASHTA Oil edged higher at the open after a third weekly increase as a demand recovery in key regions raised optimism about rising fuel consumption, despite a Covid-19 flare-up in parts of Asia. Futures in New York climbed towards $66 a barrel after advancing 2.4% on Friday. The US and China with parts of Europe are rebounding strongly from the pandemic as a...
