Brent Could Hit $80 This Summer As Hedge Funds Lose Steam – OilPrice.com

Brent Could Hit $80 This Summer As Hedge Funds Lose Steam – OilPrice.com

Brent Crude and WTI Crude prices hit a five-month high this week amid signs of tightening market and clashes in wildcard OPEC producer Libya.Brent Crude topped $71 and WTI Crude rose above $64 a barrel in the middle of this week as supply reductions outweighed fears of slowing economic growth.Following the crash in Q4 2018,…

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