Oil settles at nearly $ 55 a barrel, highest in over a year – Aljazeera.com

Oil settles at nearly $ 55 a barrel, highest in over a year – Aljazeera.com

Crude has risen steadily since late last year on coronavirus vaccine hopes and, as production limits have produced a tighter market. Oil hit its highest level in more than a year, as tight global supplies and signs of strength in physical markets helped the crude bug recover. Futures contracts rose 2.3% in New York, topping […]
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