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Oil traded near $71 a barrel as the roll-out of coronavirus vaccines underpins an improved demand outlook in the U.S. and Europe.
West Texas Intermediate was little changed in early Asian trading after adding 1.9% last week to hit the highest level since October 2018.
Oil prices held near multi-year highs on Monday, underpinned by an improved outlook for demand as increased COVID-19 vaccinations help lift travel curbs.
Brent crude was up 14 cents, or 0.2 percent, at $72.83 by 01:23 GMT. It rose 1.1 percent last week and hit the highest since May 2019 of $73.09 on Friday.
US West Texas Intermediate was also up 14 cents, or 0.2 percent, at $71.05 a barrel, after reaching the highest since October 2018 at $71.24 on Friday and rising 1.9 percent on the week.
Americans are becoming increasingly comfortable meeting friends, going back to workplaces, and attending large-scale events, according to a CBS News survey, as US daily air travellers topped two million for the first time since the pandemic began.