The morning sun rises behind oil rigs sitting in storage Saturday, Feb. 6, 2021 at a yard outside of Odessa, Texas. (Eli Hartman/Odessa American via AP)
TOKYO: Oil prices rose on Monday, extending three weeks of gains that have been underpinned by an improved outlook for fuel demand as increased COVID-19 vaccinations help lift travel curbs, along with tightness in supply.
Brent crude was up 33 cents, or 0.5%, at $73.02 by 0455 GMT. It earlier rose to $73.12, the highest since May 2019, having gained 1.1% last week.
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