Oil prices jumped on Thursday to a new ten-month high, with U.S. crude rising above $90 a barrel for the first time this year. West Texas Intermediate | Economy
Oil prices jumped on Thursday to a new ten-month high, with U.S. crude rising above $90 a barrel for the first time this year.
The rising price of oil comes at a particularly challenging time for American consumers. U.S. gasoline prices surged 20 percent last month, according to the producer price index data released Thursday. This accounted for 60 percent of the rise in the index for final demand goods, the Bureau of Labor Statistics said.
The U.S. is also producing less oil than it could be. The total oil rig count in the U.S. is down to 513 from 591 a year ago.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
U.S. crude-oil benchmark presses toward $90 a barrelOil futures resume a rally Thursday as investors focus on a tight supply outlook.
Leer más »
From films to counseling — how California is spending $90 million to fight hateCalifornia's multi-pronged campaign to combat hate ads up. More than 170 groups will split state anti-hate money.
Leer más »
Country musician Oliver Anthony cancels show over $90 ticket pricesCountry music superstar Oliver Anthony has canceled a show set for a venue in Tennessee due to the venue charging high prices for tickets, which Anthony described as 'not acceptable.'
Leer más »
Albemarle and Talon Metals get $110m funding from US Defense DepartmentAlbemarle will receive $90 million for its forthcoming reopening of the Kings Mountain lithium mine.
Leer más »
The Apple Watch SE Is 49% Off at Walmart Right NowThe Series 8 (our favorite Apple Watch!) is $90 off right now, too.
Leer más »