Oil rises 2% to more than one-year high on supply cuts, stimulus hopes

Opec+ supply cuts lend support

Oil's up: Brent, WTI reach highest since January 2020 — Oil's up: Brent, WTI reach highest since January 2020Photo: REUTERS/SCANPIX

Reuters

Published 8 February 2021, 22:57Updated 8 February 2021, 22:57

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