Oil gains ground as Suez Canal blockage raises supply fears
Brent crude edges higher but prices are still headed for a third consecutive weekly loss
26 March 2021 - 07:32
Tokyo — Oil prices bounced back on Friday from a plunge a day earlier on concerns that a large container ship that ran aground in the Suez Canal may block the vital shipping lane for weeks, squeezing supply.
Prices, however, were still headed for a third consecutive weekly loss...
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