Global crude oil prices climb nearly 1 dollar

Global crude oil prices climbed nearly 1 dollar each after industry data showed a larger than expected draw-down in US crude inventories and on expectations demand will rise as vaccination roll-outs widen.

Global crude oil prices climbed nearly 1 dollar each after industry data showed a larger than expected draw-down in US crude inventories and on expectations demand will rise as vaccination roll-outs widen.

So, Brent oil advanced 92 cents, to trade at 74.52 dollars a barrel. US crude futures added 98 cents, to 71.44 dollars a barrel.

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