Oil hit 7-year highs as tight supply bites

Oil hit 7-year highs as tight supply bites

NEW YORK, Jan 18 (Reuters) – Oil prices on Tuesday climbed to their highest since 2014 as investors worried about possible supply disruption after attacks in the Middle East added to an already tight outlook.Brent crude futures rose $1.03, or 1.2%, to settle at $87.51 a barrel. U.S. West Texas Intermediate (WTI) crude futures rose $1.61, or 1.9%, to settle at $85.43 a barrel.Both benchmarks touched their highest since October 2014.Supply concern…

Oil hit 7-year highs as tight supply bites

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Asian markets rise, Brent at highest since 2014 on recovery hope

Most Asian equities rallied Tuesday and Brent crude hit a more than seven-year high as optimism over the global recovery returned to trading floors, though concerns about the end of long-running central bank support tempered sentiment.

Brent oil climbs to 2014 high as geopolitical unrest returns - News for the Energy Sector

Brent oil extended gains to the highest level in seven years as geopolitical tensions stirred in the Middle East and concerns about the demand impact of

Oil Jumps to 7-Year Highs Amid Supply Concerns and Drone Strikes

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Oil hits 7-year highs on recovery hopes, unrest

LONDON: Oil prices traded at the highest levels in more than seven years Tuesday, in part on hopes of a global...