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$XLE U.S. oil prices hit their highest since

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benfrankledger Member Level  Friday, 12/29/17 09:05:18 AM
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$XLE U.S. oil prices hit their highest since mid-2015 on the final trading day of the year due to an unexpected fall in American output and commercial inventories.

Crude futures are currently up 0.6% to $60.21/bbl, after hitting a high of $60.32 earlier in the session.

Since the start of the year, WTI has climbed around 12%, although the price rise from mid-2017 is much stronger, at nearly 50%.

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