Oil heads for biggest yearly gains since 2009

December 31, 2021 10:01 AM

MELBOURNE (REUTERS) – Oil prices fell 1 per cent on Friday (Dec 31) but were set to post their biggest annual gains in 12 years, spurred by the global economic recovery from the Covid-19 slump and producer restraint, even as infections surged to record highs around the world.

Source : https://www.straitstimes.com/business/companies-markets/oil-heads-for-biggest-yearly-gains-since-2009

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