Oil bolstered on strong demand outlook, limited supply
Oil bolstered on strong demand outlook, limited supply
International benchmarks for crude oil surged 1% on Friday, 15 October 2021 as easing travel restrictions are expected to boost demand moving forward while global supply remains tight.
Brent gained 86 cents or 1% to close at $84.86/barrel.
WTI rose 97 cents, or 1.2% to $82.28/barrel.