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On May 18, oil prices increased to the highest in over two months as a result of positive early results on a potential coronavirus vaccine. The vaccine results have increased optimism about the resumption of economic activity.

Oil Jumps to a Two-Month high on Easing Lockdowns, Positive Vaccine Results

On May 18, oil prices increased to the highest in over two months as a result of positive early results on a potential coronavirus vaccine. The vaccine results have increased optimism about the resumption of economic activity.

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