Oil hits six-week high on inventory data, OPEC compliance, Iran worries

in finanse •  7 years ago 

By Ayenat Mersie

NEW YORK (Reuters) - Oil hit a six-week high on Wednesday, closing in on a 3-year peak set in late January, on a surprise decline in U.S. inventories, strong compliance on OPEC production cuts, and persistent concern related to the Iran nuclear deal.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!