Oil rises as concern heats up over Iran sanctions, Venezuelan output
Oil rose on Thursday, supported by expectations of renewed U.S. sanctions on Iran, declining output in Venezuela and continuing strong demand./ An oil pump is seen at sunset outside Vaudoy-en-Brie, near Paris, France April 23, 2018. REUTERS/Christian Hartmann/ Brent crude oil futures LCOc1 were last up 90 cents at $74.90 a barrel at 1204 GMT, while U.S. West Texas Intermediate (WTI) crude futures gained 66 cents to $68.71 per barrel. The oil price has risen by 15 percent in the last four weeks thanks to expectations that the United States ...
Click
To Read Full Article
