Oil near two-month high as producers set to meet again
Oil prices were near two-month highs on Monday, putting July on track to become the strongest month so far this year, as news of a producers’ meeting next week added to bullish sentiment driven by the threat of U.S. sanctions against OPEC-member Venezuela. Benchmark Brent crude traded down 19 cents or .36 percent at $52.33 a barrel at 12:00 p.m. (1600 GMT). U.S. light crude oil traded down 40 cents or .8 percent at $49.31 a barrel.
Source:: https://finance.yahoo.com/news/oil-hits-highest-since-may-tighter-u-market-002711032–finance.html
