Crude oil prices hit over 5-week highs, Brent sells at $48.81

17 August 2016, Lagos – The prices of crude oil in the international market yesterday reached their highest levels in more than five weeks due to heightened speculation that the Organisation of Petroleum Exporting Countries (OPEC) would embark on output cuts to prop up prices. According to Reuters, the global benchmark, Brent crude futures, yesterday hit […] More »