Oil is near its highest level since 2014

Media IN 2018-05-07

Oil markets remain stable on Monday as prices approached their highest levels since late 2014, with a decision on whether to withdraw from the nuclear deal with Iran and reinstate sanctions on Tehran.

Brent crude futures were $ 74.94 a barrel, up 7 cents, or 0.1 percent, compared to the previous close.

US WTI crude futures also rose 7 cents, or 0.1 percent, to $ 69.79 a barre