Oil prices hit six-week high as rigs evacuated due to Gulf storm
Oil prices were also supported by a decline in US inventories wth US crude stocks falling 9.5-million barrels in the week to July 5
11 July 2019 - 11:56
London — Oil prices hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of a storm, while an incident with a British tanker in the Middle East highlighted tensions in the region.
Brent crude futures reversed early losses and were up 40c at $67.41 a barrel by 8.52am GMT. Earlier in the session they hit their highest since May 30 at $67.65, after ending Wednesday up 4.4%...
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