Oil markets adrift after reaching 2015 high

April 24, 2015 2:08 PM

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Oil markets adrift after reaching 2015 high

Sentiment points to a lingering bear market for crude despite rally.

The price for Brent crude oil, the global benchmark, made modest gains early Friday to trade near $65 per barrel, its record high for the year. Brent struggled to hold $50 per barrel in late 2014 and early 2015 as markets were weighed heavily on the supply side. For the week, the price is up 3.6 per...

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