Oil bounces from multi-month lows on tight supply amid Israel-Iran conflict; Brent nears $77/bbl
Global crude oil prices rose about one per cent in volatile trade on Tuesday, August 7, bouncing off multi-month lows hit in the previous session as investors turned their attention turned to supply tightness amid the Israel-Iran conflict and as financial markets recovered from their recent slump. Brent crude futures were up 58 cents, or … Read more