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      • Oil prices hit their highest level in years on Monday as demand recovers from the COVID-19 pandemic, boosted by more custom from power generators turning away from expensive gas and coal to fuel oil and diesel. Shortages of natural gas and coal from Asia to Europe are driving additional demand for oil products in power generation.
      www.aljazeera.com/economy/2021/10/18/oil-prices-hit-highest-levels-in-years

      Oil prices hit highest levels in years - Al Jazeera

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  3. 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.

  4. apnews.com › article › why-have-oil-prices-gone-up-aOil prices have risen. That's making gas more expensive for ...

    Sep 25, 2023 · FRANKFURT, Germany (AP) — Oil prices have risen, meaning drivers are paying more for gasoline and truckers and farmers more for diesel. The increase also complicates the global fight against inflation and feeds Russia’s war chest.

    • AP Business Writer

  5. 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

  6. oilprice.comCrude Oil Prices Today | OilPrice.com

    Crude oil prices & gas price charts. Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice

  7. oilprice.com › Latest-Energy-News › World-NewsAverage Oil Price In 2021 Was The Highest In Past Three Years

    Jan 5, 2022 · A faster increase in global oil demand than growth in supply led to oil prices jumping last year, with the average Brent Crude price at $71 per barrel—the highest of the past three years

  8. www.npr.org › 2021/07/07 › 1013721716Oil Prices Are In Turmoil Right Now. Here's What You Need To ...

    Jul 7, 2021 · Global crude prices rose to a multiyear high on Monday off the news that there was no deal. Then they plunged on Tuesday and Wednesday, wiping out weeks' worth of gains.

  9. www.reuters.com › business › energyOil prices reach multi-year highs on tight supply | Reuters

    Oct 25, 2021 · NEW YORK, Oct 25 (Reuters) - Oil prices reached multi-year highs on Monday before steadying, as tight global supply and strengthening fuel demand in the United States and beyond supported...