Oil rebounded on positive Chinese economic data
Oil rebounded on positive Chinese economic data
International benchmarks for crude oil moved higher on Monday, 3 May 2021 following data that showed Chinese crude imports hit a record high in February and March on the back of recovering local economy.
Brent closed at $67.29/barrel, up 4 cents, or 0.06%.
WTI closed at $64.49/barrel, up 91 cents, or 1.41%.