Crude Oil Hits 3-Yr High on Strong Economic Data
Oil prices climbed to three-year highs at yesterday’s closing price, with WTI crude settling at $66.85. Today, fuel prices are peaking above multi-year highs as well, after hovering near the high for the past two weeks. The Commerce Department reported that US GDP growth was 6.4% last quarter, a clear sign of demand recovery. Memorial […]