Oil traded in New York is on track for its strongest January performance in 12 years as the Organization of Petroleum Exporting Countries , Russia and other major producers pressed on with supply capsCause.movement.down.lossamid robustGrow.strongdemand .
`` We expect Russian crude throughputs to remain elevatedGrow.strongin 2015 , only slightly downMovement.down.lossfrom the post-Soviet highs posted in 2014 , and oil product exports to remain robustGrow.strong, '' Heitham Tolba , of Wood Mackenzie said .
Https://www.investing.com/news/stock-market-news/brent-crude-hits-70-after-stronger-imf-economic-growth-outlook-1140471 Crude oil prices riseMovement.up.gainto new a decade highsPosition.high, lifted by robustGrow.strongworldwide economic growth prospects and continued supply restrictionsCause.movement.down.loss; U.S. WTI crude +1.5 % at $ 64.57 / bbl , Brent +1.6 % at $ 70.13 / bbl .