NEW YORK: Brent oil roared above US$ 80( RM335) a barrel on signs that demand is running ahead of supply, depleting inventories amid a global energy crunch. The leading crude benchmark rose for a sixth day to hit the highest since October 2018, while West Texas Intermediate extended gains. Oil’s latest upswing has come with a flurry of bullish price predictions from banks and traders, further gains in natural gas, and speculation that the energy industry isn’t investing enough in fossil fuels to
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2021-09-29 00:00:00.0