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

From Pandemic to Prophecy: Is AI Preparing the World for Revelation 13?

Is AI Preparing the World for Revelation 13? What…
U.S. Oil Surpasses $106 Per Barrel For First Time In Over Seven Years

A Growing Crisis: U.S. Naval Blockade of Iran and Its Prophetic Implications

U.S. Expands “Ironclad” Blockade on Iran as Global Tensions…