Oil touches 13-month high driven by global recovery hopes & OPEC+ supply cuts ...News

Crude oil futures secured further gains on Tuesday, with both global benchmark Brent and US West Texas Intermediate (WTI) climbing to the highest levels since January 2020. Prices for both contracts touched peak levels for the last 13 months during early trading on Tuesday before giving up some of the gains. Brent crude futures for April and WTI futures for March were still up around 0.3 percent as of 09.35 GMT, trading at $60.77 per barrel and $58.11 per barrel respectively. Also on rt.com China continues to be main driver for oil demand in 2021 Oil pri

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