Oil hit two-month high on tighter U.S. market, Venezuela sanctions risk

Oil prices hit a two-month high on Monday, lifted by a tightening U.S. crude market and the threat of sanctions against OPEC-member Venezuela. Brent crude futures, the international benchmark for oil prices, were at $52.67 per barrel at 0247 GMT on Monday, up 15 cents or 0.3 percent. Prices hit $...
Oil hit two-month high on tighter U.S. market, Venezuela sanctions risk