Brent oil prices on Monday shot past $60 a barrel for the first time in more than a year. This came with investors growing increasingly optimistic about demand as the global economy recovers from the coronavirus pandemic. The commodity climbed 1.26 percent to $60.19 a barrel — its highest since January last year — as asset markets rallied on the back of vaccine rollouts, slowing virus infections and hopes that President Joe Biden’s huge stimulus proposal will be passed by US lawmakers. Crude has been on the rise for…
Read MoreBREAKING: Oil Prices Surge Pass $60 Per Barrel, Highest In Over A Year
