Oil prices have surged four per cent, with Brent briefly touching $US50 a barrel for the first time in two weeks, after a surprisingly huge drawdown in US crude stocks as Gulf Coast imports slumped to a record low.
Oil prices have surged four per cent, with Brent briefly touching $US50 a barrel for the first time in two weeks, after a surprisingly huge drawdown in US crude stocks as Gulf Coast imports slumped to a record low.