Crude oil breaks past US$90 bbl barrier
Crude oil breaks past US$90 bbl barrier
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Crude oil breaks past US$90 bbl barrier
Winter storm wreaks havoc on central, Northeast U.S. U.S. warns of 'fake' Russian justification for Ukraine invasion Goldman Sachs sees Brent oil hitting $100/bbl in Q3 2022 ConocoPhillips warns high prices could bite NEW YORK, Feb 3 - Oil prices surged in late-day trading Thursday, sending the U.S. crude benchmark through $90 a barrel for…
NEW YORK: Oil prices surged in late-day trading Thursday, sending the US crude benchmark through $90 a barrel for the first time since 2014 due to ongoing supply worries and as frigid weather cascades across the United States, Reuters is reporting. Global benchmark Brent crude settled at $91.11 a barrel, up $1.64, or 1.8 percent, while West Texas Intermediate crude soared
Fear, not logic, is driving trading, says one analyst.
Russian exports of diesel to the United States last month hit the highest in three years as typical winter weather drove higher demand for heating and power generation in the Northeast