02-17-2015, 04:56 PM
Oil now up to $62, remember the Oil Thugs supporters just said oil will go down to $10
2-17-2015
Oil rises to $62
Oil rose to $62 a barrel on Tuesday, close to its 2015 high, supported by threats to Middle East supplies and expectations lower prices may prompt a slowdown in U.S. output.
Brent has jumped by almost 40 percent in the last four weeks, supported by a sharp fall in U.S. oil drilling. It had reached $45.19 on Jan. 13, the lowest in almost six years, down from $115 in June.
2-17-2015
Oil rises to $62
Oil rose to $62 a barrel on Tuesday, close to its 2015 high, supported by threats to Middle East supplies and expectations lower prices may prompt a slowdown in U.S. output.
Brent has jumped by almost 40 percent in the last four weeks, supported by a sharp fall in U.S. oil drilling. It had reached $45.19 on Jan. 13, the lowest in almost six years, down from $115 in June.