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Oil prices surge to a 7-year high on the back of supply disruption fears and surging demand

Brent and WTI oil prices on Tuesday hit their highest levels since October 2014.  Brent reached past $88 a barrel following an attack in Abu Dhabi

OPEC s incoming top official says keeping OPEC+ pact is top priority

OPEC s incoming top official says keeping OPEC+ pact is top priority

By Alex Lawler and Ahmed Hagagy LONDON/KUWAIT (Reuters) - OPEC's secretary general-elect said on Monday a top priority for him is to keep the group's pact with Russia and other producers in place, since it is in the wider interest of the oil industry.

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