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Oil retreats from $70 highs but set for fourth week of gains - Reuters
Reuters | Oil retreats from $70 highs but set for fourth week of gains Reuters In addition to the OPEC and non-OPEC production cuts of 1.8 million barrels per day (bpd) that are due to last until the end of 2018, oil prices have found support from eight consecutive weeks of U.S. crude inventory drops. U.S. commercial crude stocks ... Brent crude rockets to 3-year high, breaking above $70 for first time since December 2014 As oil hits US$70, warning lights flash up in Asia Oil prices rise to hit four-year high of $70 a barrel - BBC News |
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