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Oil prices hit nearly 8-month highs on ebbing supply, softer dollar - CNBC
CNBC | Oil prices hit nearly 8-month highs on ebbing supply, softer dollar CNBC Oil prices hit their highest levels in eight months on Tuesday, buoyed by a weaker dollar and falling Nigerian oil output after a spate of attacks on infrastructure. Brent crude was up 42 cents at $50.97 a barrel by 10:55 a.m. ET (1455 GMT), having hit ... Oil Prices Rise Above $50 a Barrel on Weaker Dollar Oil hits 2016 high, driven by falling supply and weaker dollar Oil futures extend gains to top $50 a barrel |
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