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Oil hits two-month high at $53

Oil prices hit a two-month high yesterday –  thanks to a tightening United States (U.S.) crude market and the threat of sanctions against Organisation of Petroleum Exporting Countries (OPEC)-member Venezuela. Brent crude futures were 52.90 dollars per barrel earlier in the day, their highest since May 25. U.S. West Texas Intermediate (WTI) futures were up […] The post Oil hits two-month high at $53 appeared first on Tamfitronics . August 01, 2017 at 09:45AM http://ift.tt/2uQvFuz