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@thetruism · 7d ago

GlobalBusiness7d ago

Crude oil prices surged 13% during the week

Global oil prices surged by 13 percent this week, putting them on track to close above $100 per barrel for the first time in nearly four months.

Not moving quickly right now, but still current and open to further updates.

The numbers

Global

Business developments in Global

  • Crude oil prices surged 13% during the week.
  • Oil prices are set to close the week above $100 for the first time in nearly four months.

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  • Whether final Friday trading settlements will maintain the price above the $100 mark.
  • The primary market and geopolitical drivers behind the sudden 13% weekly spike.

Update & correction history

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