U.S. Oil Surpasses $106 Per Barrel For First Time In Over Seven Years

U.S. Oil Surpasses $106 Per Barrel For First Time In Over Seven Years

U.S. oil prices surged 10.8% Tuesday to surpass $106 per barrel for the first time in more than seven years following concerns over Russia’s invasion of Ukraine.

The price of West Texas Intermediate crude oil briefly passed the July 2014 high mark to $106.11 per barrel, according to CNBC. The increased prices are pressuring U.S. and world leaders to increase oil production or release emergency stockpiles of oil.

READ MORE
 

U.S. Oil Surpasses $106 Per Barrel For First Time In Over Seven Years

U.S. Oil Surpasses $106 Per Barrel For First Time In Over Seven Years

The Chrislam Headquarters | Open Line 443

 
Read more
U.S. Oil Surpasses $106 Per Barrel For First Time In Over Seven Years

Advancing Human Fraternity

Human fraternity is the key to alleviate the troubles facing…
Read more
U.S. Oil Surpasses $106 Per Barrel For First Time In Over Seven Years

Biden Wants 30% of Land Off Limits

The Biden administration is forging ahead with a cryptic federal…
Read more