Concern over attack on Iraqi oilfield lent further support

Worsening Covid-19 situation in Europe weighs on prices

Prices were briefly buoyed by world’s first fully tested Covid-19 vaccine shot

Increase in coronavirus cases globally has forced renewed lockdowns

Group is leaning towards oil cuts rollover with gradual increase in output over coming months

Prices hit by surprise build in oil inventories in United States

Vaccine optimism lifted both crude contracts by around 27% in Nov

Estimates show largest online sales with spending between $10.8b and $12.7b

OPEC+ will consider extending existing cuts for 3-4 months or increasing output from January

Crude benchmarks are up about 7% over week following encouraging vaccine news