Oil surges near $67 a barrel

by | December 26, 2017 7:30 pm

Oil prices are racing towards seventy dollars a barrel on the back of forecast of a balanced global oil market in the new year according to traders. The internationally traded Brent is at $66.74 while the US grade is trading at a higher level of $59.79 after Iraq’s Oil Minister Jabbar Al-Luaibi said he’s optimistic…

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