Global crude prices marked a fourth week of gains on Monday amid better forecasts for fuel demand along with tightness in supply as increased levels of anti-Covid vaccinations resulted in the easing of travel restrictions. As of 8:56am GMT, Brent crude was up 1.05% at $73.45 per barrel, the highest price seen since May 2019. US West Texas Intermediate gained 0.86% to $71.52 per barrel, the highest since October 2018. North America and most of Europe are returning to motor vehicle traffic comparable to pre-pandemic levels, while coronavirus-related lockdowns and other restrictions are currently being eased or lifted, sending more planes
Hence then, the article about oil extends gains thanks to robust demand as vaccinations against covid 19 boost travel sector was published today ( ) and is available onRussia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Oil extends gains thanks to robust demand as vaccinations against Covid-19 boost travel sector )