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Home International

Oil up, near USD70 a barrel as demand outlook improves

admin-augaf by admin-augaf
June 1, 2021
in International
Reading Time: 1 min read
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Image: International oil prices
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Oil prices firmed on Monday, with Brent trading near USD70 a barrel on increasing prospects that fuel demand will pick up in the coming quarter due to abating COVID-19 situation amid global vaccination drive, while investors looked ahead to see how producers will respond to upcoming meeting of OPEC+.


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Tags: Economic outlookOil PricesOPECOPEC plusWTI
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