Oil hits $71 for first time since 2014 on reduced U.S crude inventories, tighter cuts
Oil prices hit a new high of $71 per barrel Thursday for the first time since 2014, supported by increasing decline in U.S. crude
U.S. oil set for biggest monthly loss in over a year as floods hit demand
U.S. crude oil prices are on track to post the steepest monthly losses in more than a year Thursday as concerns spread over falling