Oil reaches record high

Note: This section contains information in English only.
Source: Dukascopy Bank SA


During Friday's European trading hours, crude oil price benchmarks continued their surge, as 14-month high levels were reached.

Crude oil prices have gained more than 80% since the start of November, as the global coronavirus vaccination was expected to bring back demand. Meanwhile, OPEC+ has cut its supply in an effort to fuel the price surge.
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