Oil rises above $ 50 for the first time since

Wednesday 08-06-2016 | 9:01:15

Closing price of a barrel of oil above $ 50 on Tuesday, for the first time since July 2015, predicted decline in market supply and falling with the dollar.

The increased price of oil, "West Texas" Reference July 67 cents delivery, to $ 50.36 a barrel on the New York Mercantile Exchange, an increase of twice the price for which the boat $ 25 in February.