Oil hits 11-month highs as supplies tighten

Prices continue to rise for fourth straight session as market also buoyed by US Federal Reserve comments

Price rally: oil hit a more than 11-month high in early trade on Thursday
Price rally: oil hit a more than 11-month high in early trade on ThursdayPhoto: AFP/SCANPIX
Published 25 February 2021, 04:27Updated 25 February 2021, 04:27