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Extending pre-weekend gains, oil prices rose today morning, with U.S. crude hitting a seven-year high as global supply remained tight amid strong demand worldwide as economies recover from coronavirus pandemic-induced slumps. Brent crude futures climbed 26 cents, or 0.3%, to $85.79 a barrel at 0048 gmt, following on from last Friday's 1.1% gain.

US crude hits seven-year high as global supply remains tight

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https://vodakm.zeenews.com/vod/WION/2510_US_Crude.mp4/index.m3u8

Extending pre-weekend gains, oil prices rose today morning, with U.S. crude hitting a seven-year high as global supply remained tight amid strong demand worldwide as economies recover from coronavirus pandemic-induced slumps. Brent crude futures climbed 26 cents, or 0.3%, to $85.79 a barrel at 0048 gmt, following on from last Fridays 1.1% gain.

Extending pre-weekend gains, oil prices rose today morning, with U.S. crude hitting a seven-year high as global supply remained tight amid strong demand worldwide as economies recover from coronavirus pandemic-induced slumps. Brent crude futures climbed 26 cents, or 0.3%, to $85.79 a barrel at 0048 gmt, following on from last Friday's 1.1% gain. 