US #oil prices end above $60 for 1st time in 2-1/2 years $USO

oil prices

US oil prices finished above $60 a barrel for the first time since June 2015 after new data suggested American producers were being cautious about ramping up output. The benchmark US contract, West Texas Intermediate for February delivery, climbed 58 cents to finish at $60.42 a barrel. Meanwhile, Brent North Sea crude for March delivery advanced…


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