EnergyWatch

Oil still on the rise

Recent weeks have seen prices soar as demand increases in step with the reopening of economies the world over, while OPEC maintains supply limitations.

Photo: Todd Korol/Reuters/Ritzau Scanpix

Oil prices continue rising on Monday, with US benchmark West Texas intermediate trading at above USD 80 per barrel, the highest since late 2014.

Recent weeks have seen prices soar as demand increases in step with the reopening of economies the world over, while OPEC maintains supply limitations, reports Reuters.

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