Oil gains for fifth day amid supply constraints - Finance & Business News, Stock Market updates & Reviews | Themarkettrendz

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Sunday, 26 September 2021

Oil gains for fifth day amid supply constraints

Oil prices rose for a fifth straight day on Monday with Brent heading for $80 amid supply concerns as parts of the world sees demand pick up with the easing of pandemic conditions. Brent crude was up $1.14 or 1.5% at $79.23 a barrel by 0208 GMT, having risen a third consecutive week through Friday. U.S. Oil added $1.11 or 1.5% to $75.09, its highest since July, after rising for a fifth straight week last week.

from Commodities-Markets-Economic Times
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