Oil climbs $50 for the first time in seven months

QUEZON City, Philippines – Low prices have been wrecking havoc among oil firms and producers for almost half of the year. But prices are climbing slowly in the past weeks and for the first time oil futures reach $50 which also caused allied energy stocks to go up.

(Eagle News Service Described by Jay Paul Carlos, Video Editing and Uploaded by Vince Alvin Villarin)

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