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  1. 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.

    • Brent

      Crude oil prices increased in 2021 as global crude oil...

  2. Sep 25, 2023 · Costlier oil feeds through to higher prices for gasoline and diesel, especially in the U.S., where roughly half the pump price reflects the cost of crude — the rest is marketing, taxes and other costs.

    • AP Business Writer
  3. 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...

  4. Feb 26, 2021 · Consider that US gasoline demand – the biggest driver for oil prices – hasn’t been this weak in February since 1997. So why is oil overshooting fundamentals?

  5. 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. 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, the...

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  8. Oct 5, 2021 · Oil prices on Tuesday climbed to their highest level in nearly seven years after OPEC and its allies declined to significantly ramp up production. US crude jumped another 1.4% to settle at $78.93...