AMN/ WEB DESK
Oil today hit a three-week high as China’s latest easing of COVID-19 restrictions spurred hopes of a fuel demand recovery. The crude prices also got support from cuts in U.S. energy production caused by winter storms.
In intra-day trade, Brent crude was trading at 84 dollars and 50 cents per barrel while WTI crude price was at 80 dollars and 10 cents per barrel.