Oil Reaches $70 a Barrel for First Time in Three Years - Bloomberg:
"Oil topped $70 a barrel in London for the first time in three years as production cuts by OPEC and rising demand whittle away a global surplus.
Brent crude futures, used in the pricing of more than half the world’s oil, rose as much as 1.2 percent to the highest since Dec. 4, 2014. Prices rallied after the longest stretch of declines in U.S. inventories during winter in a decade."
'via Blog this'
No comments:
Post a Comment