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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 ...
US crude settled at $79.97 per barrel. Brent ( BZ=F ) futures also rose more than 2% to settle at $83.94 per barrel. Friday's jump follows two consecutive months of price gains .
Prices were $0.06 higher than a week ago, and $0.16 more than exactly one year ago. Drivers should expect little relief in the near-term, unless the price of crude comes down.
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]
OilPrice.com is reporting on a "plunge" below $75 a barrel in Brent crude prices (currently $74 and change). ... catalyst to do so much damage to oil prices today. ... $1,000 in ExxonMobil right now?
The Energy Information Administration expects prices at the pump to average $3.20 per gallon next year, about $0.10 lower than in 2024. Ines Ferre is a senior business reporter for Yahoo Finance ...
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