Oil prices near year-long highs after lower inventories, supply deficit forecast
Oil prices near year-long highs after lower inventories, supply deficit forecast
Both benchmark contracts were near their highs for about a year on Wednesday, boosted by lower U.S. crude and gasoline inventories, fueling hopes for a recovery in demand, with OPEC + predicting that the market will be in deficit in 2021. Brent futures rose 55 cents, or 1%, to $ 58.01 a barrel at 12:45 […]
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