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The oil prices were seen rising to hit $71.38 per barrel in March 2021, marking the highest since the beginning of the pandemic in January 2020. [116] The oil price rise followed a missile drone attack on Saudi Arabia's Aramco oil facility by Yemen’s Houthi rebels. [117] The United States said it was committed to defending Saudi Arabia. [118]
Oil prices rose on Tuesday amid tight supplies and speculation over what $100 oil could do to the economy.. West Texas Intermediate settled at $90.39 per barrel on Tuesday while Brent also closed ...
Oil gained as much as 1% on Friday amid supply worries after Treasury Secretary Scott Bessent told Fox Business, "We are committed to bringing the Iranians to going back to 100,000 barrels per day ...
Oil extended gains as markets priced the supply impact of recently announced sanctions against Russia's energy market. ... rose nearly 3% to settle at $78.82 per barrel, the highest level since ...
The average price of gasoline hit $3.86 per gallon on Thursday, according to AAA. Prices were $0.06 higher than a week ago, and $0.16 more than exactly one year ago.
Escalating tensions abroad could push oil prices to roughly $90 per barrel, according to one analyst. Prices weren't too far from those levels on Monday, as Brent hovered above $86 per barrel ...
Oil prices may head toward $100 "for a short while" amid output cuts ... currently hovering above $94 per barrel. Citi's analysts see oil averaging $84 in the fourth quarter 2023 and moving to the ...
Oil rose to $80 per barrel, the highest level since October, as the US announced new sanctions against Russia. ... with a likely price range of $60-$80 per barrel for Brent spot crude oil. That ...
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