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Home > "Brent Crude Breaks $120 A Barrel As Gas Prices Soar"

"Brent Crude Breaks $120 A Barrel As Gas Prices Soar" [1]

"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 trying to reach agreement on a Russian oil embargo."

Alexander Bolton reports for The Hill May 30, 2022. [2]

Climate Change [3]
Energy & Fuel [4]
Military [5]
International [6]
Public [7]
Source: The Hill [2], 05/31/2022
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Source URL:https://www.sej.org/headlines/brent-crude-breaks-120-barrel-gas-prices-soar

Links
[1] https://www.sej.org/headlines/brent-crude-breaks-120-barrel-gas-prices-soar [2] https://thehill.com/policy/energy-environment/3505944-brent-crude-breaks-120-a-barrel-as-gas-prices-soar/ [3] https://www.sej.org/category/topics-beat/climate-change [4] https://www.sej.org/category/topics-beat/energy [5] https://www.sej.org/category/topics-beat/military [6] https://www.sej.org/category/region/international [7] https://www.sej.org/taxonomy/term/81