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Oil futures rose for a second straight session

Oil futures rose for a second straight session on Tuesday, with US crude hitting a six-month high, as the market focused on supply disruptions that prompted long-time bear Goldman Sachs to issue a bullish assessment on near-term prices. Oil prices have rallied for most of the past two weeks due to a combination of Nigerian,…
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Oil rises to six-month high as Goldman sees demand above output

NEW YORK (Bloomberg) -- Oil rose to a six-month high as Goldman Sachs Group Inc. said the market moved into a deficit earlier than expected following supply disruptions in Nigeria and an increase in demand. Futures climbed 3.3% in New York. The shift to a supply deficit this month came one quarter earlier than forecast,…
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