Oil drops after strong rally, demand hopes limit losses

Brent crude fell 39 cents, or 0.6%, to $61.08 a barrel, as of 0231 GMT, after touching its highest since January 2020 on Wednesday. U.S. crude slid 35 cents, or 0.6%, to $58.33 a barrel.

from Markets-Economic Times https://ift.tt/2Z6S6d6