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Oil Hits Highest Since November 2014 as Brent Edges Closer to $80
Thursday, 17 May 2018 13:56 WIB | ENERGY |WTIBrentOil,Crude Oil

Oil prices hit their highest level since November 2014 on Thursday, with Brent crude creeping ever closer to $80 per barrel as supplies tightened and demand remained strong.

Brent crude futures were at $79.40 per barrel at 06:17 GMT, up 0.14 percent from their last close after marking their highest in more than 3-1/2 years.

U.S. West Texas Intermediate (WTI) crude futures were at $71.73 a barrel, up 24 cents, or 0.3 percent, from their last settlement and not far off Tuesday™s $71.92 a barrel - also a level not seen since November 2014.

Source : Reuters

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