Oil is up 2%, but posting weekly losses

Oil prices rose by more than 2% today after prices fell by about 7% on Thursday with the imposition of measures to shut down the economy in many European countries with the rise in new cases of coronavirus and the vaccine was stopped due to possible side effects.

Britain announced that it would have to slow the launch of the coronavirus vaccine next month due to delay in supply, while Germany, France and other countries announced the resumption of vaccination with the AstraZeneca vaccine after the organizers declared the vaccine safe. Brent crude futures rose $ 1.38, up 2.1% to $ 64.63 a barrel, and U.S. West Texas Intermediate crude futures rose $ 1.42, or 2%, to $ 61.45 a barrel.