Oil Jumps Past $100 a Barrel For First Time Since 2008
Newsmax reported that European Brent crude oil sold for $100.95 in trading yesterday - marking the first time in over two years.
American oil markets are still lagging the $100 mark, with West Texas crude selling for about $92 a barrel.
And while troubles in Egypt, Jordan, Tunisia, Yemen and a handful of other Middle Eastern countries continue, oil prices can only rise.
It’s the catalyst for sustained triple digit oil we’ve all been dreading.
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