Oil jumps by most since June on Covid vaccine progress

© BloombergA pump jack operates near Hugoton, Kansas, U.S., on Friday, Sept. 25, 2020. After all the trauma the U.S. oil industry has been through this year -- from production cuts to mass layoffs and a string of bankruptcies -- many producers say they’re still prioritizing output over reducing debt.
A pump jack operates near Hugoton, Kansas, U.S., on Friday, Sept. 25, 2020. After all the trauma the U.S. oil industry has been through this year -- from production cuts to mass layoffs and a string of bankruptcies -- many producers say they’re still prioritizing output over reducing debt.

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