Post Tagged with: "OPEC crude supply tight"

Source: World Oil

Oil prices reach seven-year high as OPEC keeps crude supply tight

World Oil

SINGAPORE (Bloomberg) –Oil rose to a new seven-year high after OPEC+ chose to keep supplies fairly tight even as the world grapples with an energy crunch.

Futures climbed above $78 a barrel in New York after surging 2.3% …