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.....