Crude oil market extended the firming trend on economic recovery hope
Crude oil market extended the firming trend on economic recovery hope
The international crude oil benchmark jumped higher on 5 February 2021, supported by hope on economic revival on the signs of more stimulus and tightening supply as OPEC+ determine to cut supply.
Brent crude ended the session up 50 cents, or 0.9% to $59.34/barrel.
WTI settled at $56.85/barrel, gained 62 cents, or 1.1%.