Oil Prices Hit Fresh Multi-Year Highs
Concerns over new U.S. sanctions against Iran sent oil prices higher for the second day on Thursday, pushing them to new multi-year highs after gains over 3 percent during Wednesday’s U.S. trading session. U.S. WTI futures were up 0.77 percent as of 1:05 p.m. HK/SIN on Thursday, to trade at $71.69 per barrel. Brent crude…