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

Do you want to add feedback to this story?

Please add a comment in the box below or send an email to info@thereadersbureau.com,  send us a message on WhatsApp at 646-874-7976 or Call us at 201-500-7715