Oil prices up more than $1 a barrel on tighter supply outlook streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
Brent crude futures for May were up $1.30, or 1.5%, at $87.39 a barrel at 1:28 p.m. EDT (1728 GMT). The more actively traded June contract rose $1.22, or 1.4%, to $86.43 at 1:28 p.m. The May contract expires on Thursday.
Brent crude futures for May settled at $87.48 a barrel, while U.S. West Texas Intermediate (WTI) crude futures for May delivery settled at $83.17 a barrel