Reuters | Oil hits $71 for first time since 2014 on tighter supply and weak dollar Reuters “The continuous fall in U.S. oil inventories and the prolonged weakness in the U.S. dollar have done the trick,” said Tamas Varga of broker PVM, referring to oil hitting a new high. The supply cuts led by OPEC and Russia started a year ago and are ... US oil prices top $65 a barrel for the first time since Dec. 2014 Brent hits $71 first time since 2014 as dollar drops, US crude inventory falls What Could Push Oil To $100? |