Oil tops $79 for the primary time since 2014 after OPEC rejects requires extra output

Oil tops $79 for the primary time since 2014 after OPEC rejects requires extra output

[ad_1] US crude jumped one other 1.4% to settle at $78.93 a barrel. For a lot of the day, it was buying and selling above $79 a barrel, a stage unseen since November 10, 2014. The 63% spike in oil costs thus far this 12 months is amplifying inflationary pressures weighing on the world financial … Read more