17-05-2018 12:06 via feedproxy.google.com

Oil briefly hit $80 for the first time since 2014

The price of Brent crude oil — the international benchmark — hit $80 per barrel for the first time since late 2014 on Thursday morning as the commodity's rapid price growth in 2018 continues unabated.
Around 10.45 a.m. BST (5.45 a.m. ET) on Thursday Brent reached a daily high of $80.12 per barrel, marking the first time since November 2014 it has passed above that mark. By 11.oo a.m. BST (6.00 a.m. ET), oil is back below $80 to trade at $79.84, a gain of 0.71% on the day.
West Texas
Read more »