SINGAPORE: Oil prices rose yesterday as the market kicked off 2022 on a positive note, although concerns over demand waning due to rapidly spreading Covid-19 pandemic limited gains.
Brent crude added 67 US cents (RM2.79), or 0.86%, to US$78.45 (RM327.25) a barrel, as of 0102 GMT. US West Texas Intermediate crude futures gained 77 US cents (RM3.21), or 1.02%, to US$75.98 (RM316.95) a barrel.
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