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Brent crude on the cusp of $50 as bulls return to oil market - Telegraph.co.uk
Telegraph.co.uk | Brent crude on the cusp of $50 as bulls return to oil market Telegraph.co.uk Brent crude crept towards $50 on Wednesday, missing the target by just 4 cents, after data showed that US stockpiles fell by more-than-expected. The black stuff hit a fresh six month high of $49.96 a-barrel in intraday trade, up 2.61pc on the day. It ... US oil ends 94 cents higher, at $49.56, as stockpiles fall Oil breaks through $50 a barrel for first time in 2016 Oil ends at highest since October as US supplies drop |
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