Tokyo — Oil futures hit a six-week high on Thursday as a storm built in the Gulf of Mexico, threatening crude output, while an incident with a British tanker in the Middle East highlighted ongoing tensions in the region.
US West Texas Intermediate (WTI) crude futures were up 34 cents, or 0.6%, at $60.77 a barrel by 3.37am GMT, after earlier touching the highest since May 23 at $60.83. They gained 4.5% in the previous session...
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