Singapore — Oil prices edged up to their highest in 13 months on Tuesday as supply cuts by producers and optimism over fuel demand recovery support energy markets.

Brent crude futures for April gained 48c, or 0.8%, to $61.04 a barrel by 4.43am GMT. US West Texas Intermediate crude (WTI) for March was at $58.42 a barrel, up 45c, or 0.8%...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.