Oil prices rose during trading today, Tuesday, in light of the continued positive atmosphere regarding the vaccine company "Pfizer" to prevent Corona, ahead of the release of US stockpile data.
The company "Pfizer" announced yesterday that the vaccine that it was developing in cooperation with the German company "Biontech" has shown results of more than 90% effectiveness in preventing the Corona virus.
Later today, the American Petroleum Institute is expected to release preliminary data on crude stockpiles in the United States, while the Energy Information Administration will release its official data on Wednesday.
In a separate context, the dollar index settled (against a basket of major currencies) by 18:26 GMT at 92.7 points, and recorded the highest level at 92.9 points and the lowest level at 92.6 points.
In terms of trading, West Texas crude futures rose for December delivery by 18:23 GMT by 2.1% to $ 41.1 a barrel, and recorded the highest price at $ 41.3 and the lowest price at $ 39.4.
Brent crude futures for January delivery rose 2.1% to $ 43.3 a barrel, and recorded the highest price at $ 43.4 and the lowest price at $ 41.7.
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