Oil held a gain above $59 a barrel as prospects for faster, vaccine-aided economic growth boosted the outlook for energy demand. West Texas Intermediate was steady after rising 1.2% on Tuesday. With vaccines being rolled out at a faster pace, the International Monetary Fund upgraded its global growth forecast to 6% this year. An industry report, meanwhile, showed a decline in American crude stockpiles but a gain in gasoline holdings. Crude has swung around $60 a barrel in the last few weeks as investors weigh prospects for increased demand against the impact of fresh lockdowns, especially in Europe. Last week, the ... (full story)