Oil prices recover on demand revival signs, Brent at USD 33 per barrel

NEW DELHI: Oil prices rose over $1 per barrel on Monday on signs of demand picking up slowly as several countries relaxed their lockdown norms and opened up economic activities.

Further, the implementation of the output cut agreement by Organization of the Petroleum Exporting Countries (OPEC) and its allies including Russia, has also supported the prices, analysts said.

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