Oil-linked stocks were trading actively on the BSE, on Monday, as Brent crude futures surged above $70 a barrel for the first time since the Covid-19 pandemic began, following reports of attacks by Yemen's Houthi forces on Saudi Arabian facilities. Brent crude futures for May hit $71.38 a barrel in early Asian trade, the highest since January 8, 2020, and were at $71.11 a barrel by 0255 GMT, up $1.75, or 2.5 per cent.
Brent and WTI prices are up for the fourth consecutive session after OPEC and its allies decided to keep production cuts largely unchanged in April. At 11:35 ...
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