Crude oil prices have risen to levels not seen since the start of the pandemic on Thursday.
Oil prices collapsed during the pandemic, even plunging below zero in April.
- Coronavirus: petrol prices hit a new 10 year low
- Aviation crisis could slow down future need for oil
A barrel of North Sea Brent rose 58 cents on Thursday to $51.66 (approximately €42.23).
US WTI oil rose 59 cents to reach $48.41 (€39.57).
The price hike is mainly due to a weak dollar, but also stems from the fact that many investors are expecting a rise in demand.
The Brussels Times