Market News
Oil Hits $80 for First Time Since November as Market Tightens - BLOOMBERG
(Bloomberg) -- US crude prices hit $80 for the first time in almost four months, buoyed by continued signs of strength in markets for physical barrels of oil.
Disruptions in the Red Sea and a deep freeze in the US earlier in the winter have contributed to the rally. Supply issues from the North Sea to Libya have also tightened the global market.
