Oil prices over $50 a barrel for first time in 2016

Oil prices over $50 a barrel for first time in 2016

by WorldTribune Staff, May 26, 2016 Ongoing unrest in Nigeria and Libya and the economic meltdown in Venezuela have knocked enough oil out of the market to enable crude to top $50 per barrel for the first time in 2016. Wildfires in Canada’s oil sands also contributed to the nearly 4 million barrels per day […]