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“U.S. crude oil price tops $80 a barrel, the highest since 2014”

West Texas Intermediate crude futures, the U.S. oil benchmark, crossed $80 per barrel on Friday for the first time since November 2014 as demand rebounds while supply remains tight.

The U.S. oil benchmark jumped more than 2% to trade as high as $80.09 on Friday, before easing from that level and hovering around $79.70 at 11:30am on Wall Street. Brent crude, the international benchmark, advanced 1.7% to $83.32 per barrel. Oil prices have surged in recent days alongside a broader rally in commodities including natural gas and coal amid an energy crunch that’s sweeping Europe and Asia…”

https://www.cnbc.com/2021/10/08/us-crude-oil-price-tops-80-a-barrel-the-highest-since-2014.html

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