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US crude extends rally to $58, first time since 2015 - Reuters
Bloomberg | US crude extends rally to $58, first time since 2015 Reuters “There is a shortage of crude oil into the United States. Hence the rally in the prices,” PVM Oil Associates strategist Tamas Varga said. U.S. crude rose to $58.05 a barrel, the highest since July 2015, before easing to $57.78, up 95 cents, by 1216 GMT. Oil Climbs to Two-Year High as Stockpiles Fall Before OPEC Meets Middle East tension may not mean what you think for crude oil Oil Extends Gains on Hopes of US Inventories Falling |
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