Oil hits six-week high on inventory data, OPEC compliance, Iran worries

in #finanse7 years ago

By Ayenat Mersie

NEW YORK (Reuters) - Oil hit a six-week high on Wednesday, closing in on a 3-year peak set in late January, on a surprise decline in U.S. inventories, strong compliance on OPEC production cuts, and persistent concern related to the Iran nuclear deal.

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