Brent passes $70 for first time since pandemic began as US crude hits two-year high
Futures for May reach $71.38 a barrel as front-month WTI price touch $67.98, the highest since October 2018
08 March 2021 - 07:53
Singapore — Brent crude futures surged above $70 a barrel on Monday for the first time since the Covid-19 pandemic began, while US crude touched its highest in more than two years, after reports of attacks on Saudi Arabian facilities.
Brent crude futures for May hit $71.38 a barrel in early Asian trade, the highest since Jan. 8, 2020, and were at $71.11 a barrel by 4.55am, up $1.75, or 2.5%...
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