Oil hits six-week high as storm builds in Gulf of Mexico

FILE PHOTO: A drill rig is pictured at the BP America Dracorex Gas Unit well site in Lufkin, Texas, U.S., June 13, 2018. REUTERS/Jonathan Bachman

TOKYO (Reuters) – Oil futures hit a six-week high on Thursday as a storm built in the Gulf of Mexico, threatening crude output, while an incident with a British tanker in the Middle East highlighted ongoing tensions in the region. U.S. West Texas Intermediate (WTI) crude futures <CLc1> were up 34 cents, or 0.6%, at […]

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