Post Tagged with: "7 year high"

Source: CNBC

U.S. oil price surges 11% to $106 a barrel, a 7-year high prompted by Russia’s assault on Ukraine

CNBC


Oil prices surged Tuesday, with U.S. crude hitting its highest level since June 2014 as Russia bears down on Ukraine’s capital.

Prices first topped the $100 mark last Thursday when Russia invaded Ukraine, prompting fears of supply disruptions from …

Source: CNBC

Oil prices are at a 7-year high, but Exxon CEO Darren Woods is confident they will trend lower.

CNBC


Oil prices rose to a seven-year high Tuesday amid ongoing supply concerns and escalating tensions in the Middle East, but Exxon Mobil CEO Darren Woods is confident they will trend lower.

 

In the immediate future, however, the oil