[size=36]Oil prices continue to rise near 7-year highs[/size]
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: Oil prices continued to rise, on Tuesday, trading near seven-year highs last week, as investors bet on supplies remaining scarce, with a limited increase in production by major oil producers and a strong post-pandemic recovery in fuel demand.
Brent crude for April delivery rose 1.18, or 1.31 percent, to $91.21 a barrel.
US West Texas Intermediate crude also rose 32 cents, or 0.36%, to $88.48 a barrel, after rising 1.5% the day before. Ended 29/A4