Brent crude was up 88 cents, or 1.1%, at $84.80 a barrel by 0253 GMT, while U.S. West Texas Intermediate crude was at $80.44 a barrel, up 88 cents, or 1.1%. The two benchmarks touched their highest since Dec. 5 earlier in the session.
On Friday, Brent rose 3.6%, while WTI gained 2.7%. Both benchmarks recorded their biggest weekly gains since October. British and U.S. markets were closed on Monday for the Christmas holiday.starting on Jan. 8, the National Health Commission said on Monday, dropping a rule in place since the start of the pandemic three years ago. That spurred optimism of higher demand from the top crude oil importer.
Source: Energy Industry News (energyindustrynews.net)
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The worst mass rape in Chinese history with pics
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