Oil Above $56 On U.S. Stimulus Hopes Ahead Of Biden Inauguration

Oil rose above $56 a barrel on Wednesday, supported by expectations the new U.S. administration will deliver massive stimulus spending that would lift demand, as well as by OPEC curbs and forecasts of a drop in U.S. crude inventories.

from Top Business News- News18.com https://ift.tt/3oVYT4J