U.S. crude oil tops $130 a barrel, a 13-year high on possible Western ban of Russian oil


oil worthy christian news

(Worthy News) – U.S. crude oil surged more than 8% in early trading on Sunday evening as the market continued to react to supply disruptions stemming from Russia’s ongoing invasion of Ukraine and the possibility of a ban on Russian oil and natural gas.

West Texas Intermediate crude futures, the U.S. oil benchmark, traded 8% higher to above $125 a barrel, the highest since July 2008. At one point the price rose to $130.50 Sunday evening before retreating.

The international benchmark, Brent crude, traded 9% higher to $128.60, also the highest price seen since 2008. Brent hit a high of $139.13 at one point overnight. [ Source: MSNBC (Read More…) ]

18
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Latest Worthy News

Trump’s Immigration Policies Reshape Labor Market as 1.2 Million Fewer Immigrants in Workforce
Protests Rock Indonesia As President Revokes Lawmakers’ $3,000 Perks, Orders Crackdown
Afghanistan Earthquake Kills Hundreds Amid Aid Struggles and Christian Minority Concerns
U.S. Appeals Court Rules Most Trump Tariffs Illegal, Case Heads Toward Supreme Court Showdown
Trump Announces Executive Order on Voter ID, Mail-In Ballots, and Paper Voting
Israeli Airstrike in Yemen Kills Houthi Prime Minister, Senior Officials
Proposal Emerges for Post-War Gaza Under Trump Administration
Israel Weighs Annexation of Judea and Samaria as Western Nations Push to Recognize Palestinian State
Ukraine Plans New Strikes Inside Russia Amid Rising Civilian Deaths (Worthy News Radio)
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News