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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Oil hits highest since 2015

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LONDON/DUBAI: Market bulls resumed their charge on Thursday, as strong data from the world’s biggest economies sent stock index records tumbling and oil prices to their highest since mid-2015.


US West Texas Intermediate (WTI) crude futures rose as high as $62.17 per barrel, their highest level since 2015. International benchmark Brent rose to a 2 1/2-year high of $68.19 a barrel.


Oman oil price for March delivery too hit $65.56 with a rise of $1.37 on Thursday at the Dubai Mercantile Exchange. — Agencies


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