Crude oil stays near multi-year highs on improved outlook demand recovery

Crude oil stays near multi-year highs on improved outlook demand recovery
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15.06.2021

MOSCOW (MRC) -- Oil prices held near multi-year highs, underpinned by an improved outlook for demand as increased COVID-19 vaccinations help lift travel curbs, reported Reuters.Brent crude was up 14 cents, or 0.2%, at USD72.83 by 0123 GMT. It rose 1.1% last week and hit the highest since May 2019 of USD73.09 on Friday.US West Texas Intermediate was also up 14 cents, or 0.2%, at USD71.05 a

Full article at mrcplast.com

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