Oil Surges To Highest Price Of The Year As Bidenomics Takes Hold

Oil prices climbed to their highest level of the year this week, extending a rally that has put a return to $100 a barrel sharply into focus.

 

Indeed, some analysts believe crude prices could hit this milestone before year-end.

 

International benchmark Brent crude futures

 traded at $93.90 a barrel on Friday morning in London, around 0.2% higher. U.S. West Texas Intermediate futures, meanwhile, stood at $90.41, almost 0.3% higher for the session.