Post Tagged with: "13 month high"

Source: Reuters

Oil holds close to 13-month high, supported by sharp drop in U.S. output


LONDON – Oil prices remained close to 13-month highs on Thursday, with profit-taking limited by an assurance that U.S. interest rates will stay low and a sharp drop in U.S. crude output last week due to the storm in …

Source: CNBC

After oil hits 13-month high, energy analyst warns prices may be ‘too frothy’


Oil climbed Friday, surpassing the high set earlier this week and notching a fresh 13-month peak.

West Texas Intermediate crude hit $59.74 a barrel on Friday, its highest level since January 2020, a promising sign as the industry …