Brent back to $63+/b as supplies remain low

23.02.2021

Oil prices rose on Monday as the slow return of U.S. crude output cut by frigid conditions served as a reminder of the tight supply situation, just as demand recovers from the depths of the COVID-19 pandemic.

Brent crude was up 49 cents, or 0.8%, at $63.40 a barrel by 1330...