Crude oil prices hit their highest in more than three years on supply worries, limited Omicron impact

MOSCOW (MRC) -- Oil prices rose on Monday, with Brent futures touching their highest in more than three years, as investors bet supply will remain tight amid restrained output by major producers with global demand unperturbed by the Omicron coronavirus variant, reported Reuters.Brent crude futures gained 40 cents, or 0.5%, to USD86.46 a barrel by 0641 GMT. Earlier in the session, the cont

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