Oil gains as US output slowly returns after cold snap

Prices also boosted by Goldman Sachs raising its Brent price forecast, with prices tipped to hit $75 in the third quarter

Looking up: oil prices gained ground on Monday amid tight supply — Looking up: oil prices gained ground on Monday amid tight supplyPhoto: AP/SCANPIX

Reuters

USA Goldman Sachs Texas

Published 22 February 2021, 08:24Updated 22 February 2021, 08:24