Brent hits $60 as supply cuts and stimulus hopes boost prices

Capt. John

Oil prices rose on Monday to their highest in just over a year, with Brent nudging past $60 a barrel, boosted by supply cuts among key producers and hopes for further U.S. economic stimulus measures that can boost demand. Brent was up 71 cents, or 1.2%, at $60.05 a barrel by 0943 GMT, and U.S. …

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https://www.hellenicshippingnews.com/brent-hits-60-as-supply-cuts-and-stimulus-hopes-boost-prices/

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