Oil hits 4-month high after Ukraine’s drone attack on Russian refinery, OPEC cuts; Brent at $87/bbl

Oil hits 4-month high after Ukraine's drone attack on Russian refinery, OPEC cuts; Brent at $87/bbl

International crude oil prices again hit a four month-high mark on Tuesday, March 19, after breaking above range-bound trading last week, but gains were limited by the prospect of rising exports from Russia as Ukrainian attacks on oil infrastructure curb domestic refining activity. The Brent crude oil futures contract was up 33 cents at $87.22 … Read more