Oil prices touch multi-month highs as OPEC+ expected to hold output

By Florence Tan SINGAPORE (Reuters) - Oil prices touched multi-month highs on Monday on expectations that OPEC and allied producers may cap output at current levels in February as the coronavirus pandemic keeps worries about first-half demand elevated. Prices rose in line with broader financial markets with Brent crude futures reaching $53.17 a barrel, the highest since March 2020. U.

S. West Texas Intermediate crude touched $49.71 a barrel, the highest since February 2020. March Brent crude futures were at $52.97 a barrel, up.....

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