Reuters | Oil prices hit fresh highs as market tightens Reuters Brent crude futures LCOc1 - the international benchmark for oil prices - were at $68.13 a barrel, up 29 cents, or 0.4 percent, after hitting a May-2015 high of $68.16 shortly before. Beyond a brief intraday spike in May, 2015, these were the highest ... 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 Oil prices rise to three-year high amid market shifts |