Oil futures up 4 sessions in a row, with U.S. prices at highest since late February

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Oil futures tallied a fourth session climb in a row on Thursday, with U.S. prices marking another finish at their highest since late February. Hopes for another COVID-19 U.S. relief package and the rollout of vaccines looked to improve the economic outlook, and demand for oil. January West Texas Intermediate crude rose 54 cents, or 1.1%, to settle at $48.36 a barrel on the New York Mercantile Exchange. That was the lowest front-month contract finish since Feb. 26, according to FactSet data.
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