Crude oil prices climb further in Asia trade

Brent crude, the global benchmark, was up zero.8 per cent at $49.forty nine a barrel. That was once after closing up 1.5 per cent on Friday, which nonetheless left the marker down 5.1 per cent over the route of final week.

Brent sank under $50 a barrel remaining week amid growing issues about rising US output and lengthening scepticism over Opec’s means to keep a lid on world production.

West Texas Intermediate, america marker, used to be also up 0.8 per cent in Asia on Monday at $forty six.fifty seven a barrel. It had closed 1.5 per cent better on Friday however closed the week 6.3 per cent lower.

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