Feb 4, 2021 - Economy
Oil prices rise to 1-year high
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Oil prices rose almost 2% on Wednesday, with a barrel of U.S. West Texas Intermediate (WTI) crude touching its highest since January 2020.
Driving the news: The jump in oil prices followed government data showed that U.S. crude stockpiles fell to their lowest since March, while OPEC+ maintained its supply cut agreement.
