LONDON, Dec 10 — The price of Brent oil, the main international oil contract, hit US$50 (RM203) for the first time in nine months today on greater economic confidence as the roll out of Covid-19 vaccines gets underway.
Around 1445GMT the price of Brent for February delivery was up by 2.4 per cent to US$50.05.
Meanwhile, the main US contract, WTI for January delivery, hit its highest level since March 5 at US$46.71. — AFP
