June 29/2018
Canada Outage Keeps Oil High
A power outage that suspended production at an oil sands project kept prices at close to three and a half year highs today.
The U.S. sanction push against Iran also helped, although there have been reports Washington had begun to soften its position towards countries that insist on continuing to import crude from Iran.
Brent crude traded at $77.79 a barrel an hour after midnight GMT today, with