Crude oil prices rally ahead of presidential inauguration and stockpile data

Crude oil prices are rallying, even as the IEA estimates that its demand will decline in Q1’21 and 2021 at large. WTI futures are up by 0.69% to trade at $53.36. Similarly, Brent futures are trading at $56.26, which represents a 0.75% surge. The rising demand for the commodity in China has fuelled the positive […]