Crude Oil Updates :-

Oil rose in early trade on Wednesday on expectations global oil stocks will fall back to more normal levels this year and as U.S. lawmakers moved closer to approving President Joe Biden’s $1.9 trillion Covid-19 aid bill without Republican support.

Brent crude futures rose 16 cents, or 0.3 per cent, to $57.62 a barrel, in a fourth straight day of gains after hitting $58.05 on Tuesday, its highest in more than 11 months.

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