By Alex Lawler LONDON (Reuters) – Oil hit a five-month high above $71 a barrel on Tuesday, supported by concern that violence in Libya could further tighten supply already squeezed by OPEC cuts and U.S. sanctions on Iran and Venezuela. Supply curbs led by the Organization of the Petroleum Exporting Countries have underpinned a more […]
By Tommy Wilkes LONDON (Reuters) – The Australian and Canadian dollars rose on Tuesday, aided by a surge in oil prices to five-month highs that lifted most commodity-linked currencies. Oil prices have rallied on expectations that global supplies would tighten due to fighting in Libya, OPEC-led cuts and U.S. sanctions against Iran and Venezuela, although […]
