Oil trades at highest in years on demand expectations
Prices could reach $100/bbl on reserves falling before world reaches peak oil demand
15 June 2021 - 18:52
New York — Oil prices reached their highest in more than two years on Tuesday, buoyed by expectations that demand will recover rapidly in the second half of 2021.
Brent crude, the global was up 77c at $73.63/bbl a barrel by 3.19pm GMT after earlier reaching $73.90, its highest since April 2019...
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