Oil hits more than 13-month highs amid tighter supply
The market has also benefited from an assurance from the US Federal Reserve that interest rates will remain low for a while
25 February 2021 - 08:13
Singapore — Oil prices rose for a fourth consecutive session on Thursday to the highest levels in more than 13 months, underpinned by monetary easing policies and lower crude production in the US.
Brent crude futures for April gained 19c, 0.3%, to $67.23 a barrel by 4pm GMT, while US West Texas Intermediate crude for April was at $63.30 a barrel, up 8c, 0.1%...
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