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  1. www.eia.gov › todayinenergy › detailCrude oil prices increased in 2021 as global crude oil demand ...

    Jan 4, 2022 · Crude oil prices increased in 2021 as increasing COVID-19 vaccination rates, loosening pandemic-related restrictions, and a growing economy resulted in global petroleum demand rising faster than petroleum supply. The spot price of Brent crude oil, a global benchmark, started the year at $50 per barrel (b) and increased to a high of $86/b in ...

    • Brent

      prices; map; states; exports/imports; international; coal;...

  2. www.forbes.com › sites › daneberhartWhy Are Oil Prices So High When The U.S. Remains One ... - Forbes

    Nov 13, 2021 · Crude oil prices have climbed more than 60% this year amid strong demand and snarled supply chains, prompting President Joe Biden to pressure Saudi Arabia and other exporters to ramp up oil...

    • Dan Eberhart

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  4. www.reuters.com › business › energyOil prices rise, hit 2-month highs on supply worries | Reuters

    Sep 23, 2021 · Oil prices rose on Thursday, with Brent crude touching its highest level in more than two months, supported by growing fuel demand and a draw in U.S. crude inventories as production...

  5. www.reuters.com › business › energyExplainer: Oil prices rise, with few U.S. government brakes ...

    Nov 9, 2021 · Oil prices have soared to seven-year highs as the global economy has recovered, and driven the U.S. retail gasoline cost to $3.42 a gallon, the highest in seven years.

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    • Effect of Higher Oil Prices - Economics Help
    • U.S. Petroleum Demand Reaches 2021 High; OPEC-Plus Sticks with ...
    • Historical Oil Prices Chart
    • Stronger U.S. dollar contributes to higher crude oil prices in ...

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  7. www.reuters.com › business › oil-rises-big-declineOil prices settle up on U.S. stocks draw, rising fuel demand

    Sep 22, 2021 · NEW YORK, Sept 22 (Reuters) - Oil prices settled higher on Wednesday after U.S. crude stocks fell to their lowest levels in three years as refining activity recovered from recent storms....

  8. blogs.worldbank.org › en › opendataOil market developments—rising prices amid broader surge in ...

    Nov 2, 2021 · Crude oil prices increased sharply in 2021Q3 and continued rising in October, driven by increased demand, weather-related supply disruptions, and restrained production by OPEC and its partners (OPEC+).

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  10. www3.eia.gov › todayinenergy › indexToday in Energy - U.S. Energy Information Administration (EIA)

    Jul 7, 2023 · EIA forecasts crude oil prices will increase through 2024 as demand rises above supply