Thursday 29 July 2021
Oil gains for fifth day, climbs to its highest since April 2019

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UAE reports 1,550 new cases, five deaths due to COVID-19

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Oil gains for fifth day, climbs to its highest since April 2019

timestampJun 17, 2021 authorAlShorts Web Desk

Oil attained a new high for a fifth day, climbing USD75 a barrel to its highest since April 2019, supported by a recovery in demand from pandemic. The American Petroleum Institute reported US crude inventories fell 8.5 million barrels. Brent crude was up 15 cents, or 0.2% at USD74.14 a barrel and US crude slipped 2 cents to USD72.10 having hit USD72.83, the highest since October 2018.

Latest News

UAE reports 1,550 new cases, five deaths due to COVID-19

Abu Dhabi Police to give convicts chance to do community service

India logs 43,509 new cases of COVID-19

India on UK's red list; no quarantine for vaccinated EU & US travellers

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