Equity benchmarks, oil prices rise

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Sat, 2021-03-27 01:47

NEW YORK: Global equity benchmarks and oil prices rose on Friday while safe havens such as the dollar and US Treasuries dipped as hopes for a global economic recovery overshadowed the continued blockage of one of the world’s most vital shipping lanes.

US crude rose 4.1 percent to $60.96 per barrel and Brent was at $64.51, up 4.13 percent on the day. (Reuters)
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