Oil scales one-year peak as Opec+ rolls over output for April

Brent, U.S crude futures hit highest since January 2020

Pumped up: the rise in oil prices - including West Texas Intermediate crude - has seen renewed activity in the US shale sector after a particularly dire 2020 due to the impacts of the coronavirus pandemic.
Pumped up: the rise in oil prices - including West Texas Intermediate crude - has seen renewed activity in the US shale sector after a particularly dire 2020 due to the impacts of the coronavirus pandemic.Image: RYTIS DAUKANTAS/UPSTREAM
Published 4 March 2021, 23:01Updated 4 March 2021, 23:01