Oil Prices Up As OPEC+ Sees Demand Recovery In 2H21
Oil Prices Up As OPEC+ Sees Demand Recovery In 2H21 Price rise comes despite surging virus cases in India, Brazil and estimated build in US crude stocks. Oil prices climbed on Wednesday as investors focused on OPEC+'s bullish forecasts of a strong global recovery this year, despite COVID-19 flare-ups in India and an expected build in US crude stocks. International benchmark Brent crude was trading at $66.17 per barrel at 0643 GMT for a 0.45% rise after closing Tuesday at $65.87 per barrel. American benchmark West Texas Intermediate (...