Oil prices rose on Tuesday for their seventh straight session of gains, touching 13-month highs as investors kept betting that fuel demand will rise while OPEC and allied producers keep a lid on supply. Brent settled up 53 cents, or 0.9%, to $61.06 a barrel. U.S. West Texas Intermediate crude (WTI) for March was at $58.36 a barrel, up 39 cents or 0.7%. The session peaks for both benchmarks were the highest since January 2020. “With Brent over $60, it’s been great psychologically … and everyone is feeling bullish about stronger demand and global inventories in further decline,” said John Kilduff, partner at Again Capital LLC in New York. The markets have rallied since November as COVID-19 vaccines are being distributed worldwide, and as governments and central banks deploy […]