Oil Up as Demand Anticipation Grows Despite Spike in COVID-19 Cases By Investing.com – Investing.com

  • Date: 29-Apr-2021
  • Source: Investing.com
  • Sector:Healthcare
  • Country:Gulf
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Oil Up as Demand Anticipation Grows Despite Spike in COVID-19 Cases By Investing.com – Investing.com

By Gina Lee

Investing.com – Oil was up Thursday morning in Asia as investors continue to expect fuel demand to recover by the summer, despite ever-surging numbers of COVID-19 cases in countries such as India, Japan and Brazil.

gained 0.36% to $67.32 by 11:37 PM ET (3:37 AM GMT) and were up 0.31% to $64.06.