US$50 21 July 2015 [Reuters] Oil hits 2016 high on ebbing supply, softer dollar US$50 US$50 US$50 highest point of 2016 today Oil hits 2016 high on U.S. draw forecasts, Nigeria woes decline of 3.6 million barrels http://www.reuters.com/article/us-global-oil-idUSKCN0YS00Z At the close of trading today