Oil rises to $ 55 due to OPEC's agreement 12.5.2016
Oil rises to $ 55 due to OPEC's agreement
12.5.2016 15:24
[Oan- up]
rose Brent crude above $ 55 a barrel on Monday and was trading at its highest level in 16 months amid Altfowl about the possibility of curbing the glut in the market following a historic agreement , OPEC members to cut production in the last week .
The gains on Monday , up increase that began after reaching an agreement on Wednesday to 19 percent for Brent crude, the highest in nearly eight years, while US crude gains of 16 percent.
It rose Brent crude futures to the highest level since the sixth of July 2015 to $ 55.20 a barrel. https://www.alliraqnews.com/modules/news/article.php?storyid=54072