Oil at its highest level in 2016 and close to $ 50
{International: Euphrates News} Oil prices jumped Friday to a new level is the highest in 2016.
It was futures for Brent crude traded at $ 48.30 a barrel, up 31 cents from the last closing price, while futures US crude rose 24 cents to $ 46.27 a barrel, the highest levels for decades already allocated this year.
It came as a result of the support of the dollar 's decline, shrinking production in the United States despite the fact that the Middle East increased production looming curbed gains. Ended http://alforatnews.com/modules/news/article.php?storyid=115431