Business Oil hits $71 for first time since 2014 as U.S. inventories decline – BusinessDay

[curator]

For the first time since 2014, global oil price hit an unprecedented high of $71 as US inventories also declined amid on-going supply cutbacks by Organisation of the Petroleum Exporting Countries (OPEC) and Non OPEC members led by Russia. Brent crude futures, the international benchmark for




via BusinessDay – http://ift.tt/2BteH5v

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