Oil rises to highest since mid-2015 on Saudi purge, tighter markets

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Oil rises to highest since mid-2015 on Saudi purge, tighter markets

06 November 2017, London — Oil prices hit their highest since July 2015 on Monday as Saudi Arabia’s crown prince cemented his power over the weekend through an anti-corruption crackdown, while markets continued to tighten. Brent crude futures LCOc1 were trading 26 cents higher at $62.33 a barrel by 1012 GMT, after hitting a session …

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