Oil Hits Highest Level In Years

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  • 6 years ago
SINGAPORE/LONDON (Reuters) - Oil prices posted their strongest opening to a year since 2014 on Tuesday, with crude rising to mid-2015 highs amid large anti-government rallies in Iran and ongoing supply cuts led by OPEC and Russia. U.S. West Texas Intermediate (WTI) crude futures CLc1 traded flat at around $60.40 by 1200 GMT after hitting $60.74 earlier in the day, their highest since June 2015.

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