BUSINESS

Oil Prices Continue To Rise

Oil prices gained for a fifth straight day on Monday, with Brent at its highest since October 2018 and heading for $80, as investors fretted about tighter supplies because of rising demand in parts of the world.

Brent crude was up 2.1% at $79.72 a barrel, having posted three straight weeks of gains.

U.S. oil jumped 2.1%, to $75.54, near its highest since July, after rising for a fifth straight week last week.

Readers Bureau, Contributor

Edited by Jesus Chan

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