Oil Is Surging... And So Are Gas Prices At The Pump
Zero Hedge -

Brent Crude nears $85 as WTI tops $75 - at four year highs - as the tight oil markets continue to send gas prices at the pump to the highest in four years...

WTI is up over 2.5% today - spiking from $73 to $75 intraday - despite a report from Genscape that shows an 800k barrel inventory build at Cushing.

The FT notes that analysts said that frantic deal making by Asian buyers normally reliant on Iranian imports at an annual oil conference in Singapore last week indicated how tight the...

Loading...

Related Articles