Sunday, April 26, 2015

Oil above $65

Brent crude oil opened in Asia above the $65 mark, near 2015 highs. The start of the drop in U.S. shale oil production and the continuing conflict in Yemen are seen as factors pushing up the oil prices.  

UPDATE: Brent holds around $65 on Monday.

1 comment:

Anonymous said...

Just a few years ago the regime was selling oil for $110 a barrel. They made more money from sale of oil than Iran did in the previous 60 years. What happened with the $600 billion in oil sales? Khamenei and all his chums must be taken in for questioning.