World oil prices jumped back above $62/barrel in London on Wednesday following news that energy stockpiles in the United States tumbled across the board last week, traders said.
The price of Brent North Sea crude for April delivery rose $1.14 to $62.53/barrel in electronic deals.
New York's main oil futures contract, light sweet crude for delivery in April, gained $1.18 to R61.87/barrel in pit trading.
Read more at FIN24.co.za
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