Oil rises on supply concerns

Oil rose on Thursday on supply concerns and as a Bank of England interest rate hike defied some expectations of a larger increase. Brent crude futures were up 71 cents, or 0.79%, at$90.54 per barrel by 1408 GMT, after rising by more than $2 earlier in the session. U.S. West Texas Intermediate (WTI) crude was […] Read this story at ,

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