Oil climbs 1% to five-month high on rising demand expectations

NEW YORK (Reuters) -Crude prices edged up about 1% to a five-month high on Monday on expectations oil demand will climb following the release of positive economic news from the U.S. and China, while OPEC+ cuts and attacks on Russian refineries tighten global supplies.

Leave a Reply

Your email address will not be published. Required fields are marked *