 "Crude oil")
Oil prices surged to multi-year highs on Tuesday including US crude hitting its highest since 2014 after OPEC+ producers fell out over plans to raise supply in the face of rising global demand.
Brent crude climbed 62 cents, or 0.8 per cent, to $77.78 a barrel by 0748 GMT, a level not seen since October 2018.
US West Texas Intermediate (WTI) crude futures traded up $1.75, or 2.3 per cent, at $76.91, their highest since November 2014.
Talks collapsed on Monday among ministers from OPEC+, which groups producers from the Organization of the Petroleum Exporting Countries (OPEC) with Russia and
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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