Oil prices pass $50 for the first time in 2016
Brent up 80% from January lows
Oil prices have passed $50 a barrel for the first time this year as supply disruptions, improving US sentiment, and increasing global demand fuel a recovery.
According to the BBC, the benchmark Brent crude price hit $50.07 a barrel in Asian trade today, a rise of 80% since hitting 13-year lows of below $28 a barrel in January. US crude oil inventories also...
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