Oil prices rise after big sell-off due to new lockdowns
Brent crude was up 1.6% and West Texas Intermediate crude 1.7%
19 March 2021 - 12:04
London — Oil prices rose by more than $1 on Friday, after a big sell-off in the previous session as a new wave of coronavirus infections across Europe triggered fresh lockdowns and dampened expectations of any imminent recovery in fuel demand.
Brent crude was up $1.01, or 1.6%, to $64.29 a barrel by 9.17am GMT. West Texas Intermediate (WTI) US crude rose $1.02, or 1.7%, to $61.02 a barrel...
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