Saturday, September 18, 2021

crude oil

Brent breaks US$60 a barrel for first time in over a year

The commodity climbed 1.26% to US$60.19 a barrel as asset markets rallied on the back of vaccine rollouts, slowing infections and hopes that US President Joe Biden's stimulus proposal will be passed.

Behind the ups and downs of fuel prices

The cost of crude oil, supply, demand and competition as well as supply disruptions all play a role in determining the price of petrol.

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