Brent

Brent approaches $60/pb as supply cuts, stimulus hopes lift prices

Brent approaches $60/pb as supply cuts, stimulus hopes lift prices

*Weak dollar also supports prices of commodities *6-month Brent spread widest in a year *U.S. oil rig count highest since May last week – Baker Hughes Oil prices rose on Monday, with Brent futures nearing $60 a barrel, boosted by supply cuts among key producers and hopes for further U.S. economic stimulus measures to boost […]