Oil changes course, rising as markets improve
Colonial Pipeline said late on Thursday it had restarted its entire pipeline system and had begun deliveries in all of its markets
14 May 2021 - 13:52
London — Oil prices rose on Friday, reversing some of the previous day’s sharp losses as stock markets strengthened, though gains were capped by the coronavirus situation in major oil consumer India and the restart of a fuel pipeline in the US.
Brent crude oil futures were up 66 US cents, or 1%, at $67.71 a barrel by 9.57am GMT and West Texas Intermediate (WTI) crude was up 63c, or 1%, at $64.45...
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