Oil Climbs With Vaccine Hope Countering Lockdown Gloom
Flames burn from gas venting pipes on the Casablanca oil platform, operated by Repsol SA, in the Mediterranean Sea off the coast of Tarragona, Spain. (Photographer: Angel Navarrete/Bloomberg)

Oil Climbs With Vaccine Hope Countering Lockdown Gloom

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(Bloomberg) -- Oil rose on optimism that a potential coronavirus vaccine will boost demand, offsetting immediate concerns over growing virus lockdowns.