OIL BUOYANT

With the second wave of Covid surging around the world future oil demand weakened and the price of a barrel subsequently started to head downward.

Then news of the first successful trialled vaccine emerged, that bumped up the markets and oil prices leapt up.

The news of more successful vaccine trials boosted the idea of future demand for oil even more.

Currently the price of  Brent Crude Oil Futures is just over $44 a barrel.