Sep 21, 2024 6:14 a.m.

Oil continues to increase on bright demand outlook

Oil continues to increase on bright demand outlook

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International benchmarks for crude oil moved higher on Friday, 30 July 2021, marking the fourth monthly gain on growing demand as vaccination rates pickup worldwide, which would alleviate the impact of the new wave of COVID-19 outbreak.

Brent for September delivery rose 28 cents to $76.33/barrel.

WTI rose 33 cents to $73.95/barrel.