Oil prices rose to their highest levels since late 2014 on Monday, boosted by the latest troubles for Venezuelan oil company PDVSA and a looming decision on whether the United States will re-impose sanctions on Iran. Brent crude oil futures were at $75.81 a barrel at 10:20 a.m. EDT (1420 GMT), up 94 cents. U.S. West Texas Intermediate (WTI) crude futures rose 69 cents to $70.40, the first time since November 2014 that WTI had climbed above $70. …read more
Source:: Yahoo Finance
