Telegraph.co.uk | Oil prices retreat from $47 a barrel highs as US stocks hit record high Telegraph.co.uk Oil prices retreated from their highest level for the year after fresh US oil data skewered earlier positive sentiment when it revealed a greater than expected supply of oil in storage. The US Energy Information Administration (EIA) reported a record ... Oil prices hit six-month high Oil price hits highest level since November Oil aims for highest finish of 2016 as attention shifts to output |