Crude oil jumped higher on lower US production output
Crude oil jumped higher on lower US production output
International benchmark for crude oil jumped substantially higher on Wednesday, 24 February 2021 after data from the US government showed a 10% dropped in production output of 1.1 million bpd to 9.7 million bpd in the week ending 19 February.
Brent closed at $67.04/barrel, up $1.67 or 2.49%.
WTI closed at $63.22/barrel, up $1.55 or 2.45%.