Oil prices weaken as stalled vaccination efforts dampens oil demand outlook.

Oil prices weaken as stalled vaccination efforts dampens oil demand outlook.
Crude rallies to 7-months high on vaccine optimism and conclusion of the US elections.
Crude oil prices stabilize above $40s/bbl as market rebalances.
Crude oil prices see gradual recovery on demand optimism.
Brent prices hits a new low not seen since the 1990s on an oversupplied market in a demand destruction environment