Since Crude Supplies Tightened, The Prices Of Oil Hit 9-Month Highs
As a result of restricting crude supplies helping to counter fears about China’s economy, oil prices finished higher on Friday to touch nine-month highs and record a second consecutive weekly gain. Two-thirds of the world’s oil is measured against Brent, which increased by 0.81 percent, or $0.73, to settle at $90.65 per barrel. The benchmark …
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