Tag: Brent Oil
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Brent oil races toward $80 amid strong demand
Brent crude oil rose for a sixth day on Tuesday to hit its highest since November 2014 at over 75 dollars per barrel. This development is buoyed by expectations that supplies will tighten just as demand reaches record levels. Brent crude futures marked 75.27 dollars a barrel on Tuesday. Brent’s six-day rising streak is the…