BUSINESS

Oil Prices Show Mixed Results

Oil prices were mixed at the close of last week but remained on course for a fourth straight week of gains ahead of an OPEC plus meeting.

Brent crude January futures rose 30 cents to $48.10 a barrel, while the more active February contract gained 37 cents to $48.16.

U.S. West Texas Intermediate crude futures fell 31 cents to $45.40 a barrel.

Both benchmarks are up about seven per cent over the week after encouraging news on potential COVID-19 vaccines.

Readers Bureau, Contributor

Edited by Jesus Chan

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