Oil surged the most in over a week in London as broader markets rallied on expectations of additional U.S. stimulus boosting the economy. Futures in London rose 2.1% on Tuesday. U.S. stocks gained as Treasury Secretary nominee Janet Yellen called on lawmakers to “act big” on stimulus, which could provide a boost to consumption while vaccines continue to be rolled out. A weaker U.S. dollar is also increasing the appeal for commodities that are priced in the currency. “Yellen has implied there’s going to be stimulus for size and that implies we’re going to have demand creation,” said Bob Yawger, head of the futures division at Mizuho Securities. The expectation of a weaker dollar over the next few weeks “will start to supersize the […]