Brent hits $71 first time since 2014 as dollar drops, US crude inventory falls

Brent crude futures, the international benchmark for oil prices, hit a session high of $71.05 per barrel – the highest since early December 2014 – before dipping back to $70.86 by 0801 GMT. That was still up 32 cents, or 0.5 percent from the last close. U.S. West Texas Intermediate (WTI) crude futures …

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