Brent crude hits two-year high – media

REUTERS

08:55, 27.10.2017

0 min. 51

Oil continued to gain on Friday with Brent crude up 0.2 per cent at $59.42 a barrel, according to The Financial Times.

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The international benchmark settled on Thursday in New York at a 27-month high of $59.30, up 1.5 per cent on the day, The Financial Times said.

Read alsoOil prices inch lower on increases in U.S. crude inventories, production – mediaThe marker was buoyed as comments from Saudi Arabia earlier in the week kept alive speculation on an extension to supply cuts by OPEC and non-OPEC producers.

crude oil Brent OPEC

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