Oil Hits Two-Month High

0

Oil rose to a two-month high on Thursday, paced by a rally in gasoline as dealers focused on rising demand for fuels and a lack of new refineries to push up production.


Light, sweet crude for July settled up $1.01 to $56.58 a barrel after moving as high as $56.90, the highest since early April. London Brent rose 98 cents to $56.22


*

Read the full Reuters story

.

No posts to display