Oil markets firm as Brent edges ever closer to $80 per barrel on tight market










Oil prices firmed on Thursday, with Brent crude creeping ever closer to $80 per barrel, a level it has not seen since November 2014, as supplies tighten while demand remains strong.
Brent crude futures (LCOc1) were at $79.36 per barrel at 0451 GMT, up 8 cents from their last close.