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Crude Oil Spikes Above $70 Per Barrel For The First Time In 9 hours ago - by Oluwatosin Ogunjuyigbe

Crude Oil Spikes Above $70 Per Barrel For The First Time In 14 Months

Oil prices surged above $70 a barrel for the first time since the pandemic began after Saudi Arabia, the world’s top oil exporter, said its energy facilities had been attacked on Sunday, targeting “the security and stability” of global supplies. Brent crude futures for May hit $71.38 a barrel in early Asian trade, the highest since Jan. 8, 2020, and were at $70.56 a barrel by 08:30 WAT, up by $1.20, or 1.7 perc... Read more

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