Oil settles above $50 for first time in nearly a year

June 7, 2016 / By Surprise Valley Resources

Oil on Tuesday settled above $50 a barrel in New York for the first time in nearly a year as prices continued their rebound from February’s low. West Texas Intermediate settled at $50.36, up 67 cents, at the New York Mercantile Exchange, the first time the U.S. benchmark has closed above $50 a barrel since …
Source: FuelFix