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Oil prices reach highest level in over 2 years as demand rebounds

WTI crude oil reached $71.62 a barrel

By Jonathan Garber

FOXBusiness

Oil prices climbed to their highest level in more than two years Monday amid more evidence of increasing demand as the global economy reopens from COVID-19 lockdowns.

West Texas Intermediate crude oil, the U.S. benchmark, climbed 71 cents to $71.62 a barrel, the highest since October 2018. Brent crude, the international standard, was up 67 cents at $73.36 a barrel, the highest since April 2019.

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https://www.foxbusiness.com/markets/oil-prices-reach-highest-level-over-2-years-demand-rebounds

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