The Oil Price Shock Will Reverberate Into Next Year

The Oil Price Shock Will Reverberate Into Next Year

This post was originally published on this siteThere’s no end in sight for the price spike as supply struggles to keep up with demand

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Oil prices jump amid Russia-Ukraine conflict; Biden administration requests $10B in Ukraine aid: Live updates

Oil prices jump amid Russia-Ukraine conflict; Biden administration requests $10B in Ukraine aid: Live updates

This post was originally published on this siteGas is reaching its highest price amid Russia invasion of Ukraine. The Biden administration requested $10 billion in Ukraine support. Latest updates.     

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Oil has jumped as traders feared a disruption in Russia’s energy industry

Oil has jumped as traders feared a disruption in Russia’s energy industry

This post was originally published on this site An oil-pumping jacket, also known as a “gesturing donkey,” on an oil field near Dyurtyuli in the Republic of Bashkortostan, Russia, on Thursday, November 19, 2020. Andrey Rudakov | Bloomberg | Getty Images Oil prices rose in early Monday after US and...

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Oil Prices Hit Seven-Year Highs

Oil Prices Hit Seven-Year Highs

This post was originally published on this site By Rowena Edwards London (Reuters)—Oil prices reached seven-year highs on Friday as geopolitical tensions and a winter storm in the United States fueled concerns over supply disruptions. Brent crude rose $1.71, or 1.9%, to $92.82 a barrel by 1348 GMT, having earlier...

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