Bloomberg | Oil Trades Near 3-Year High After Best Start to Year Since 2012 Bloomberg “The year has started very, very well for OPEC,” Amrita Sen, chief oil analyst at consultants Energy Aspects Ltd., said in a Bloomberg television interview. “The inventory overhang, for all intents and purposes has drawn down. There's not that much ... Oil prices hit fresh highs as market tightens Oil is having a great year with 'fundamental backdrop' strongest in recent memory US crude surges more than 2%, settling at $61.63, its best closing price since December 2014 |