Brent crude price rises above $70 a barrel

12.01.2018

Oil prices surged to their highest since 2014 on Thursday on tightening global crude stocks and after OPEC members said they would stick with output cuts for now despite gains in Brent to over $70 per barrel.

U.S. West Texas Intermediate (WTI) crude futures surged to $64.77, also the highest since...