Byusnewsr1-

Feb 1, 2021

Oil prices rise as stocks fall and demand increases

Oil prices rise as stocks fall and demand increases

Oil prices rose on Monday, supported by lower inventories and hopes for a faster global economic recovery, although halting vaccine deployments and renewed travel restrictions topped the gains. Brent was up 57 cents, or 1%, at $ 55.61 a barrel at 2:49 p.m. GMT. US crude gained 41 cents, or 0.8%, to $ 52.61. Both […]
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