The Bulls gained ground in the Fuels market on Friday. The US lifted a pause in administrating J&J’s Covid vaccine after determining the vaccine’s potential of causing blood clots was a miniscule risk. In Europe, manufacturing and services activity was at its highest level since July. The US dollar also weakened helping edge fuels prices higher. On the bearish front, Japan is seeing a 3rd waive in Covid infections and has placed new restrictions in certain areas. India’s latest surge has created a shortage of medical oxygen there.
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