Reuters | Oil hits 2016 high on ebbing supply, softer dollar Reuters LONDON Oil prices hit their highest in eight months on Tuesday, buoyed by the dollar nearing one-month lows and by falling Nigerian oil output after a spate of attacks on infrastructure. Brent crude futures LCOc1 were up 67 cents on the day at $51.22 a ... Oil prices firm, pushing WTI crude toward $50 a barrel Oil hits 2016 high on ebbing supply, softer US dollar US oil closes at highest level since July 21 on supply worries |