Oil hits $50 a barrel for first time this year

The price of oil has gone above $50 a barrel for the first time in 2016 as supply disruptions and increased global demand continue to fuel a recovery.

Benchmark Brent crude hit $50.22 per barrel at one stage on Thursday, its highest level since early November.

Read more: http://www.bbc.com/news/business-36303577

You might also like