Oil hits 13-month highs as market rebalances

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Oil prices soared to their highest in about 13 months on Monday as vaccine rollouts promised to revive demand and producers kept supply reined in

7h agoFamilies are boycotting Publix after a member of founding family donated $300,000 to the Donald Trump rally that preceded January’s deadly Capitol attack Florida-based grocery chain operates more than 1,200 stores across seven south-eastern states. Photograph: Larry Marano/REX/Shutterstock Wendy Mize’s family grew up on Publix, disciples to the giant supermarket chain’s empirical marketing slogan: “Where shopping is a pleasure”.

Soon after, the governor awarded Publix a lucrative and exclusive contract to distribute Covid-19 vaccines in numerous stores. The governor’s office, which denied impropriety, has since added other retailers, including Walmart and Winn Dixie, to its approved distribution chain. But the controversy did not sit well with some observers.

 

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Not enough JohnCornyn ?

Thanks Joe

A kind of 'profit-taking', it seems.

Oil prices soared as big oil see's higher profits in the future.

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