Crude oil nudged higher on optimism over economic recovery
Crude oil nudged higher on optimism over economic recovery
International benchmarks for crude oil inched higher on Friday, 7 May 2021 even the outbreak in India continues to worsen, thanks to the optimism over the global economic recovery as the US and the EU ease COVID-19 restrictions and recovering factory activities.
Brent gained 19 cents to $68.28/barrel.
WTI gained 19 cents to $64.90/barrel.