Oil rebounds after US lower house passes stimulus package
Brent crude futures for May rise 1.7% as US West Texas Intermediate futures jump 1.6%
01 March 2021 - 07:47
Singapore — Oil prices rebounded more than $1 on Monday after the US House of Representatives passed a huge stimulus package, though a drop in China’s February factory activity growth capped gains.
Brent crude futures for May rose $1.07, or 1.7%, to $65.49 per barrel by 6.10am. The April contract expired on Friday...
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