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Commodities

Monday June 1, 03:29 PM

 

 

New York's main oil futures contract struck 68.29 dollars on Monday, a level last reached on October 30

By Thomas Coex

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Crude oil prices soared on Monday, rising above 68 dollars a barrel for the first time for seven months, boosted by higher Chinese output, a weak US currency and rising equity markets, traders said. Crude oil prices soared on Monday, rising above 68 dollars a barrel for the first time for seven months, boosted by higher Chinese output, a weak US currency and rising equity markets, traders said.


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