NEWS

Oil Prices Climb

OilOil prices continued to climb, with U.S. crude breaking through $50, helped by news of an informal meeting among the world’s biggest producers on output cuts and a surprise drop in U.S. crude stockpiles.

Brent crude rose 1.4 percent to $52.57 a barrel.

U.S. futures climbed 1.3 percent to $50.48 a barrel, eclipsing $50 for the first time since June.

Carol Maye, Readers Bureau, Fellow

Edited by Jesus Chan

Do you want to add feedback to this story? Please add a comment in the box below or send us an email at info@thereadersbureau.com

Like our Facebook page https://www.facebook.com/TheReadersBureau

Follow us on Twitter https://twitter.com/readersbureau21