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[rtl]Release date: 2017/11/6 10:36 • 15 times read[/rtl]
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{International: Al Furat News} Oil prices hit their highest levels since July 2015 on Monday as markets improved as the Saudi crown prince boosted his authority over the weekend through an anti-corruption campaign that involved holding prominent figures.
Global Brent crude hit $ 62.44 a barrel in early trade today, its highest level since July 2015, but fell before rebounding to that level by 0625 GMT, more than 40 percent below the previous low. Level in 2017 recorded by crude in June.
US WTI reached $ 56 a barrel in early trade, also the highest level since July 2015, and at $ 06.05 GMT at $ 55.86 a barrel.
Crude is one third higher than the lowest level in 2017.
Saudi Crown Prince Mohammed bin Salman has tightened his grip on power through a campaign against corruption that has seen the suspension of princes, ministers and investors, including billionaire businessman Walid bin Talal and National Guard Minister Prince Mteb bin Abdullah.
http://alforatnews.com/modules/news/article.php?storyid=153529
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Oil hits its highest level since July 2015
[/rtl][rtl]Release date: 2017/11/6 10:36 • 15 times read[/rtl]
{International: Al Furat News} Oil prices hit their highest levels since July 2015 on Monday as markets improved as the Saudi crown prince boosted his authority over the weekend through an anti-corruption campaign that involved holding prominent figures.
Global Brent crude hit $ 62.44 a barrel in early trade today, its highest level since July 2015, but fell before rebounding to that level by 0625 GMT, more than 40 percent below the previous low. Level in 2017 recorded by crude in June.
US WTI reached $ 56 a barrel in early trade, also the highest level since July 2015, and at $ 06.05 GMT at $ 55.86 a barrel.
Crude is one third higher than the lowest level in 2017.
Saudi Crown Prince Mohammed bin Salman has tightened his grip on power through a campaign against corruption that has seen the suspension of princes, ministers and investors, including billionaire businessman Walid bin Talal and National Guard Minister Prince Mteb bin Abdullah.
http://alforatnews.com/modules/news/article.php?storyid=153529
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