BUSINESS

Oil Prices On The Rise

U.S. oil prices reclaimed the $40 a-barrel level Friday and were trading near a three-month high as demand roars back following COVID-19 lockdowns.

West Texas Intermediate crude oil, the U.S. benchmark climbed as much as 3.68 percent to $40.27 a barrel before trimming its gains.

Brent crude, the international standard, rose 2.07 percent at $42.35.

Readers Bureau, Contributor

Edited by Jesus Chan

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