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Oil near six-month high as outages support - Reuters
Reuters | Oil near six-month high as outages support Reuters In Canada, the sudden movement of a wildfire prompted the evacuation of some 4,000 people from work camps outside the oil hub of Fort McMurray. Brent crude traded at a six-month high of $49.47 intra-day and at 0840 GMT was up 2 cents at $48.99. This is the biggest upside risk in oil, says strategist Oil prices creep toward $50 as crude hits 2016 highs Oil's Strength Continues to Boost Global Stocks |
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