us oil closes at 2016 high of 4217 a barrel
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

US oil closes at 2016 high of $42.17 a barrel

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Arab Today, arab today US oil closes at 2016 high of $42.17 a barrel

New York
New York - Arab Today

US oil on Tuesday surged to the highest close of the year so far, on reports of a deal between Saudi Arabia and Russia to freeze output.

US benchmark West Texas Intermediate for delivery in May gained $1.81 at $42.17 a barrel on the New York Mercantile Exchange. That was the highest close since November.


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