Oil Pares Weekly Gain as Viral Surge Overshadows Vaccine Promise
The silhouettes of pumpjacks are seen above oil wells in the Bakken Formation near Dickinson, North Dakota. (Photographer: Daniel Acker/Bloomberg)

Oil Pares Weekly Gain as Viral Surge Overshadows Vaccine Promise

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(Bloomberg) -- Oil declined for a second session as rising Covid-19 cases threatened to derail demand with tougher restrictions in major U.S. cities on the horizon.