Oil Rises for Third Straight Week on Covid-19 Vaccine Optimism
Crude oil leaks from an oil pumping jack in an oil field Russia. (Photographer: Andrey Rudakov/Bloomberg)

Oil Rises for Third Straight Week on Covid-19 Vaccine Optimism

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(Bloomberg) -- Oil rose to the highest in nearly three months with positive Covid-19 vaccine developments paving the way for a more sustained recovery in oil demand.