Al-Marsad newspaper – Agencies: Oil prices rose, Monday, supported by optimism that China will witness a strong recovery in demand, following positive indications that the Corona pandemic has receded in the most affected areas in the country..
Whereas, Brent crude futures for July delivery rose $2.69 to $114.24 a barrel, an increase of 2.4 percent upon settlement.
West Texas Intermediate crude futures rose $3.71, or 3.4 percent, to $114.20 a barrel.
And US gasoline futures hit an all-time high on Monday, following falling inventories fueled supply concerns..
