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Oil Ends Steady Near $50; Best Monthly Gain in Brent in 7 Years

stander
stander
in Oil, Gas and Energy News

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NEW YORK, April 29 (Reuters) - Oil prices ended steady on Friday after hitting 2016 highs but finished April trading about 20 percent higher, with Brent crude having its best monthly gain in seven years.


A weaker dollar and optimism that a global oil glut will ease have lifted crude futures by more than $20 a barrel since they plumbed 12-year lows below $30 in the first quarter.


http://www.downstreamtoday.com/news/article.aspx?a_id=51988


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