Oil Prices Rise After Biden Announces Emergency Action

Thomas Catenacci  Domestic and international oil price indices rose Tuesday, even after President Joe Biden and other world leaders coordinated a release of emergency reserves. The West Texas Intermediate (WTI) crude oil index, which measures U.S. prices, increased more than 2% to $78.44 per barrel while the European Brent Crude index ticked up nearly 3%, hitting $82 per barrel. … Continue reading Oil Prices Rise After Biden Announces Emergency Action