Crude oil regained strength but the demand outlook remains weak
Crude oil regained strength but the demand outlook remains weak
International benchmarks for crude oil inched slightly higher on Monday, 22 March 2021 after the sell-off, however, the renew COVID-19 related lockdown in Europe and South America threatens the demand outlook.
Brent ended the session up 9 cents or 0.1% to $64.62/barrel.
WTI gains 13 cents or 0.2% to $61.55/barrel.