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Brent Oil - Oil prices jump more than $1 as U.S. output slow to restart

23-02-2021 03:02

Oil prices jumped by more than $1 on Tuesday, underpinned by optimism over COVID-19 vaccine rollouts and lower output as U.S. supplies were slow to return after a deep freeze in Texas shut in crude ...

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Oil rises on positive forecasts, slow U.S. output restart

Brent crude was up 87 cents, or 1.3%, at $66.11 a barrel by 0945 GMT, and U.S. crude rose 68 cents, or 1.1%, to $62.38 a barrel. “Vaccine news is helping oil, as the likely removal of mobility ...

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MCX March Crude oil futures hit fresh high of Rs 4,566, Brent trades near $65 a barrel

Crude oil has bounced back sharply after a brief correction and may remain firm ahead of the inventory report which will give clarity on demand-supply impact from a recent cold snap in the US.

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Global oil prices top 13-month high on slow restart of US output

Crude oil futures secured further gains on Tuesday, with both global benchmark Brent and US West Texas Intermediate (WTI) climbing to the highest levels since January 2020. Brent for April settlement ...

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Oil Up with Tightening Market Boosting Outlook

Oil rose toward $63 a barrel with investment banks and traders predicting the market will tighten further and push prices higher.

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