Oil prices climb as worries over fuel demand recede

Oil Prices Extend Gains as Worries over Fuel Demand Recede

London (Reuters) -Oil prices extended gains on Tuesday, with Brent crude trading near $80 a barrel despite the rapid spread of the Omicron coronavirus variant, supported by supply outages and expectations that U.S. inventories fell last week. Brent crude rose by 55 cents, or 0.7%, to $79.15 a barrel by 1410 GMT, after hitting a …

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