Post Tagged with: "passes $85"

Source: World Oil

U.S. oil price passes $85 as OPEC wary to increase crude supply

World Oil

SINGAPORE (Bloomberg) –Oil in the U.S. rallied above $85 a barrel for the first time since 2014, another landmark in a surge in global energy prices, while an eye-watering rally in market structure deepened.

West Texas Intermediate rose …