Oil extended its climb out of a month-long trading range with further signs of an accelerating rebound taking shape in the U.S. Futures in New York inched up alongside a broader market rally, with prices trading at a one-month high. U.S. jobless claims fell to a new pandemic-era low, while retail sales in the country accelerated by the most in 10 months — providing the latest signs of the economic comeback gaining pace there. “Prices are taking a little breather from the run-up we saw in the prior day,” said Phil Streible, chief market strategist at Blue Line Futures LLC in Chicago. “But overall, increasing vaccinations and easing fears over the pandemic are giving the market a “good shot at having a decent, steady rise.” Oil remains firmly above its most recent trading range, where it had […]