Oil falls on Suez delay and as lockdowns curb demand
The oil market is now likely to set its sights on the Opec+ meeting this week and global vaccination programmes
29 March 2021 - 12:40
London — Oil fell on Monday as a container ship blocking the Suez Canal for nearly a week was partially refloated, raising hopes the busy waterway would soon be reopened and as fuel demand in Europe stayed weak.
Brent oil was down 29c, or 0.5%, at $64.28 a barrel by 8.54am GMT. US crude fell 55c, or 1%, to $60.42 a barrel...
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