Reuters | Oil hits over two-month high on tighter US market, Venezuela sanctions risk Reuters SINGAPORE (Reuters) - Oil prices hit over two-month highs on Monday, lifted by a tightening U.S. crude market and the threat of sanctions against OPEC-member Venezuela. Brent crude futures, the international benchmark for oil prices, were trading up 24 ... Crude Oil Futures - Weekly Outlook: July 31-August 4 Oil stays near 8-week highs Oil posts best weekly gain this year, up 8.6% to $49.71 on signs of market rebalancing |