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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