BCN-35 Brent oil hits six-month high above $75 per barrel

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BCN-35

COMMODITIES-OIL-MARKET-PRICES

Brent oil hits six-month high above $75 per barrel

LONDON, April 25, 2019 (BSS/AFP) – Brent North Sea crude hit a six-month
high above $75 per barrel Thursday on supply concerns that have been worsened
by the United States tightening the screw on sanctions-hit Iran.

Brent for delivery in June jumped to $75.35 per barrel, up 78 cents from
Wednesday’s close. Oil’s other main contract, WTI, won 27 cents to $66.16 per
barrel, also a six-month peak.

BSS/AFP/HR/1445