Oil rises as US and UK economies reopen
Brent pushes through $70 for first time since March 15 as demand optimism outweighs concerns about Covid-19 in Asia
18 May 2021 - 13:21
London — Oil rose on Tuesday to hit $70 a barrel for the first time since March, as expectations of demand recovery after reopening of the European and US economies offset concern over spreading coronavirus cases in Asia.
The British economy reopened on Monday, and Europe is starting to reopen cities and beaches. New cases in the US continued to fall and New York lifted the mask requirement for vaccinated people...
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