Brent crude oil price surges above $70 a barrel

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MG News | March 08, 2021 at 09:27 AM GMT+05:00

March 8, 2021: Brent crude oil surged more than two percent Monday following a missile attack on facilities owned by energy giant Aramco in Saudi Arabia, and on optimism about the demand outlook as the global economy recovers.

A barrel of the black gold jumped 2.11 percent to $70.82 a barrel, the highest since May 2019.

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