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Oil Hits Five-month Highs As U.S. Producers Cut Output Ahead Of Hurricane
NEW YORK: Crude oil prices rose to a five-month high on Tuesday as U.S. producers shut most offshore output in the Gulf of Mexico ahead of Hurricane Laura even as rising coronavirus cases in Asia and Europe capped gains. Brent futures rose 73 cents, or 1.6%, to settle at $45.86 a barrel, while U.S.


Posted: 2020-08-25 22:03:00

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Verse of the day

Ye are the salt of the earth: but if the salt have lost his savour, wherewith shall it be salted? Matthew, 5. 13

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