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- 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, the U.S. Energy Information Administration (EIA) said on Tuesday.
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Nov 4, 2021 · By Louis Jacobson November 4, 2021. If Your Time is short. • President Joe Biden said higher gas prices were because OPEC and Russia aren’t increasing production sufficiently....
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
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.
- Camila Domonoske
Sep 28, 2021 · Oil prices climbed above $80 (£59) a barrel on Tuesday, hitting their highest level in three years as the pound slumped. Brent crude, the international benchmark, rose to as much as $80.69 on the...
Sep 23, 2021 · Brent crude settled up $1.06, or 1.4%, at $77.25 a barrel, its highest price since mid-July. U.S. West Texas Intermediate (WTI) crude rose $1.07, or 1.5%, to $73.30 a barrel.
Oct 14, 2021 · Brent crude futures rose by more than $10/bbl to surpass $83/bbl, while WTI traded above $80/bbl at the time of writing. The surge in prices has swept through the entire global energy chain, fuelled by robust economic growth as the world emerges from the pandemic.
