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Brent Oil - Oil hits 13-month highs as market re-balances

15-02-2021 03:06

LONDON- Oil prices soared on Monday to their highest in about 13 months as vaccine rollouts promised to revive demand and producers kept supply reined in. Brent crude was up 77 cents, or 1.2%, at $63.

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Oil prices jump to 13-months highs

Oil prices edged higher on Monday, their highest in 13 months due to tension in the Middle East hope for US stimulus and eased lockdown supporting demand. Brent crude was up $1.09, or 1.8%, at $63.52 ...

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SMALL-CAP WINNERS & LOSERS: Oil Stocks Up As Brent Hits 13-Month High

The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. Tullow Oil, up 6.1% at 32.92 pence, 12-month range 7.17p-46.15p. Premier Oil, up 6.4% at 21.82p, ...

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Global stocks hit record highs and WTI oil tops $60 as 'reflation trade' powers ahead

Investors are betting that vaccines and government stimulus will power a rapid rebound in 2021, sending stocks and oil prices soaring.

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Oil hits 13-months highs on fears of Middle East tensions

Brent crude was up $1.09, or 1.8%, at $63.52 a barrel at 0428 GMT, after climbing to a session high of $63.76, the highest since Jan. 22, 2020.

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