WTI rises for the fourth straight session on Monday. Progress over covid vaccine trials lifts market mood, oil. Bullish bets on US oil futures raised last week. WTI (futures on NYMEX) trades better bid in Asia this Monday, close to the highest levels in eight days reached at $42.56. Having booked a third consecutive weekly rise last week, the black gold is looking to build onto its last week’s surge, as the sentiment remains underpinned by the successful covid vaccine trials across the globe. The UK is likely to give a green-light to Pfizer’s vaccine this week while a US official said that the vaccinations in the ... (full story)