Oil prices jump by more than 2% as global supplies remain tight

Oil prices at the beginning of Asian trading on Monday, with traffic going through The Strait of Hormuz is limited, which ‌maintains Global oil is scarce.
Brent crude futures increased $2.22, or 2.11%, to $107.55 per barrel.
West Texas Intermediate crude also rose $2.02, or 2.14%, to $96.42 per barrel.

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