News Snapshot:
Investors remain bullish about a quick recovery in global oil demand even as concerns ease over the return of Iranian crude. Optimism over the rate of global vaccine roll out and a pick up in demand is pushing up prices [File: Luke Sharrett/Bloomberg] Crude oil prices rose on Tuesday, with Brent hitting $75 a barrel for the first time since April 2019, as investors remained bullish about a quick recovery in global oil demand and as concerns eased over an early return of Iranian crude. Brent crude futures for August climbed 29 cents, or 0.4 percent, to $75.19 a barrel...
