UPDATE 4-Oil hits 2016 high above $43 on producer meeting hopes

LONDON Oil rose above $43 a barrel to its highest level so far in 2016 on Tuesday, supported by hopes that a meeting of oil producers will agree steps to tackle a supply glut, and by a weak U.S. dollar and further signs of strong demand in China. Many members of OPEC plus outside producers such as….

Posted: 2016-04-12 13:41:00

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