CHICAGO (AP) β Oil prices eclipsed $100 per barrel for the first time in more than three and a half years Sunday as the Iran war hinders production and shipping in the Middle East.
The price for a barrel of Brent Crude, the international standard, was at $107.97 after trading resumed on the Chicago Mercantile Exchange, up 16.5 percent from its Friday closing price of $92.69.
West Texas Intermediate, the light, sweet crude oil produced in the United States, was selling for abou
Continue Reading on The Korea Herald
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.