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

U.N. Resolution 2803 Revives Trump’s “Deal of the Century” Framework — What Christians Should Watch Next

For believers who take Bible prophecy seriously, developments…
Read more
U.S. Oil Surpasses $106 Per Barrel For First Time In Over Seven Years

Could Iran Play a Role in a Future Temple Agreement?

An unexpected voice from inside the Iranian opposition is raising…
Read more
U.S. Oil Surpasses $106 Per Barrel For First Time In Over Seven Years

Red Heifer Ashes and Purification Water: What Christians Should Know

The ancient biblical ritual of the red heifer has once again…
Read more