Brent crude breaks $120 a barrel as gas prices soar ...Middle East

Brent crude, the international oil benchmark, has surpassed $120 a barrel, reaching a two-month high as gasoline and diesel fuel prices continue to rise. The U.S. oil benchmark, West Texas Intermediate, also rose, reaching more than $116 a barrel. The price spike comes at a time when demand in the United States is expected to rise with the start of the summer driving season and European leaders are trying to reach agreement on a Russian oil embargo. The last time Brent crude breached $120 a barrel was in late March, shortly before President Biden authorized the release of 1 million barrels a day for a period of six months from the Strategic Petroleum Reserve. That move s

Hence then, the article about brent crude breaks 120 a barrel as gas prices soar was published today ( Monday 30/05/2022 - 05:36 PM ) and is available on The Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Brent crude breaks $120 a barrel as gas prices soar )

Last updated : 30 May 2022 clock 05:36 PM

Also on site :

Brent crude breaks $120 a barrel as gas prices soar ...Middle East

In 1987, Nashville Said No to Garth Brooks—Until a Songwriter’s Sick Day Changed His Destiny

Where Kyle Cooke and Amanda Batula Stand Nearly 1 Year After Split

AC Milan vs Inter Milan LIVE streaming, TV channel, kick-off time & where to watch Serie A 2026-27

Who is Arafat Minhas, Pakistan cricket’s rising star all-rounder?

Pat McAfee Names Shocking National Championship Sleeper Pick

Donald Trump Weighs In on Nicki Minaj as Potential White House Press Secretary

Jennifer Lawrence Would Do Anything but Be Mystique Again

Clarks’ Fall-Ready Leather Booties ‘Feel Like Pillows’ After Hours of Walking, and They’re 54% Off

ICE Ordered To Return Man Deported To African Nation He Has No Ties To

Anti-corruption and party discipline: takeaways from from this week's key political meeting in Beijing

As Trump veers off ‘coarse’ at rallies, GOP wonders if he can still deliver wins

Country Star Tim McGraw Opens Up About Filming Taylor Sheridan’s ‘1883’: ‘I Probably Wouldn’t Have Survived’

Appeals Court Keeps Trump Voter Fraud Probes Limited Before Midterms

‘It: Welcome to Derry’ Surprise Halloween Episode Now Streaming On HBO Max

Reese Witherspoon’s Company Makes Shocking Cuts After Nearly $1 Billion Sale and Buyback