Oil prices rebound on upbeat China, US data
Brent crude futures rise as Covid-19 cases in India weigh on fuel consumption
07 May 2021 - 07:26
Singapore — Oil prices recovered after a 1% dip in the previous session, on buoyant economic data from China and the US even as the surging pandemic in India capped prices.
Brent crude futures for July were at $68.47 a barrel by 3.38am GMT, up 38c, or 0.6%, while US West Texas Intermediate (WTI) crude for June rose 38c, or 0.6%, to $65.09...
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