Oil today rose to trade near its highest level since 2018 amid expectations that stockpiles will continue to decline globally as OPEC keeps a tight rein on supply. The brent price added modestly to trade above 86 dollars per barrel dollar level.
In intra-day trade, Brent crude was trading around 86 dollars and 20 cents per barrel while WTI crude prices were at 84 dollars per barrel.
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