Oil prices hit 8-week high May 12; Q3, Q4 demand acceleration seen
Steve Sutherlin Petroleum News
Alaska North Slope crude rose 37 cents to close at $67.85 per barrel May 12, while West Texas International rose 80 cents to close at $66.08 and Brent rose 77 cents to close at $69.32.
It was the highest close for WTI since March 5, and the highest close for Brent since March 11.
In early trading, B....
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