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.

 

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

Netflix Series Labeled ‘Kiddie Porn’

Netflix is under fire for its animated “children” series, Big…
U.S. Oil Surpasses $106 Per Barrel For First Time In Over Seven Years

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

‘Christian’ Denomination Installs Transgender Bishop

He calls himself "they," and he is now the first transgender…