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Tuesday 20th March 2018

Brent Oil Hits Six-Month High Above $75 Per Barrel

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7Dnews London

Thu, 25 Apr 2019 09:00 GMT

Brent North Sea crude hit a six-month high above $75 per barrel Thursday April 25th on supply concerns that have been worsened by the United States tightening the screw on sanctions-hit Iran, AFP has reported.

Brent for delivery in June jumped to $75.35 per barrel, up 78 cents from Wednesday's close. Oil's other main contract, WTI, won 27 cents to $66.16 per barrel, also a six-month peak.