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According to Dow Jones on July 10, crude oil futures prices climbed to a three-and-a-half-year high on Tuesday due to supply problems
in some major oil producers.
Light sweet crude futures for August delivery on the New York Mercantile Exchange settled up 0.
4 percent at $74.
11 a barrel, near its highest close since November 2014
.
Brent crude futures, the global benchmark, rose 1 percent to $
78.
86 a barrel.
Oil and gas worker strikes in Norway and Gabon are expected to affect supply, while unexpected supply disruptions in Libya and Canada have tightened
global crude markets.
According to Dow Jones on July 10, crude oil futures prices climbed to a three-and-a-half-year high on Tuesday due to supply problems
in some major oil producers.
Light sweet crude futures for August delivery on the New York Mercantile Exchange settled up 0.
4 percent at $74.
11 a barrel, near its highest close since November 2014
.
Brent crude futures, the global benchmark, rose 1 percent to $
78.
86 a barrel.
Oil and gas worker strikes in Norway and Gabon are expected to affect supply, while unexpected supply disruptions in Libya and Canada have tightened
global crude markets.
