Crude Oil Hits Two-month High on Tighter U.S. Market скачать в хорошем качестве

Crude Oil Hits Two-month High on Tighter U.S. Market

Oil prices hit a two-month high on Monday, lifted by a tightening US crude market and the threat of sanctions against OPEC-member Venezuela. According to international report, Brent crude futures, the international benchmark for oil prices, were at US$52.67 per barrel, up 15 cents. Oil prices hit US$52.76 per barrel earlier in the day, their highest since may 25th while, U.S west texas intermediate WTI crude futures were up 16 cents, US$49.87 per barrel, the highest since june 30. The price rises put both crude benchmarks on track for sixth consecutive session of gains. Oil prices have risen around 10% since the last meeting of leading members by the OPEC and other major producers, including Russia, when the group discussed potential measures to further tighten oil markets.