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Jan 24, 2022 · In recent days, the price of a barrel of U.S. benchmark crude oil hit a seven-year high -- US$87 a barrel, a dizzying jump of about 36 per cent since Dec. 1. Here's a look at why the price is so high.
Jan 24, 2022 · In recent days, the price of a barrel of U.S. benchmark crude oil hit a seven-year high — $87 a barrel, a dizzying jump of about 36% since Dec. 1. Because oil has a direct effect on the prices ...
Apr 4, 2024 · US oil prices rallied to a seven-month high this week as geopolitical risks ramped up, and Bank of America says they're poised to surge another 10% by this summer. Brent crude futures hovered near ...
Apr 9, 2024 · The price of a barrel of Brent crude oil, the international benchmark, has risen more than 20 percent since mid-December. It has jumped more than 10 percent over the past month alone, to around ...
Sep 18, 2023 · The price of Brent crude—the international benchmark for crude oil—edged closer to $95 per barrel on Monday, hitting a new 10-month high. The price of West Texas Intermediate (WTI) crude—the ...
Jul 28, 2023 · Here's why. Global oil prices have gained more than 16% since late June and are heading for their fifth-straight week of gains, the longest rally since before Russia’s full-scale invasion of ...
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Mar 7, 2022 · The US oil price eventually hit an all-time high of nearly $150 a barrel. Trading around $116 a barrel on Monday, US prices are still off that peak while the Brent international benchmark hit a ...
