An oil tanker sits offshore in the San Francisco Bay Area, the United States, April 26, 2020. More than 30 oil tankers carrying over 20 million barrels of crude oil are parked between Long Beach and the San Francisco Bay Area. (Photo by Li Jianguo/Xinhua)
(Photo by Li Jianguo/Xinhua)

Brent crude closed trading day above $70 per barrel first time since May 18, 2019, according to trading data.

August futures for the North Sea Brent oil mixture rose by 1.34 percent to $70.25 per barrel, while July futures for WTI crude rose 2.1 percent to $67.72 per barrel.

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