You're reading: Reuters: Brent oil pushes above $50 for first time in nearly seven months

Reuters: Brent oil pushes above $50 for first time in nearly seven months

Published May 26, 2016 at 9:03 am

SINGAPORE - Brent oil futures climbed above $50 a barrel on May 26 for the first time in nearly seven months, boosted after U.S. government figures showed a sharper-than-expected drawdown in crude stocks last week.