Oil hit two-month high on tighter U.S. market, Venezuela sanctions risk
Oil prices hit a two-month high on Monday, lifted by a tightening U.S. crude market and the threat of sanctions against OPEC-member Venezuela. Brent crude futures (LCOc1), the international benchmark for oil prices, were at $52.67 per barrel at 0247 GMT on Monday, up 15 cents or 0.3 percent. U.S. West Texas Intermediate (WTI) crude futures (CLc1) were up 16 cents, or 0.3 percent, at $49.87 per barrel, the highest since June 30.
Source:: https://finance.yahoo.com/news/oil-hits-highest-since-may-002834223.html
