Scottish oil now worth more than at any time since May 2015

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John Robertson
Scottish oil now worth more than at any time since May 2015

(c) officerofthewatch.com In Oil and Gas People yesterday: ‘Oil rose further above $68 a barrel on Tuesday, touching its highest since May 2015, supported by OPEC-led production cuts and expectations U.S. crude inventories fell for an eighth week. The Organization of the Petroleum Exporting Countries and allies including Russia are keeping supply limits in place in 2018, a second year of restraint, to reduce a price-denting glut of oil held in inventories. Brent crude, the international benchmark, was up 32…

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John Robertson
Scottish oil now worth more than at any time since May 2015