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US oil prices soar to a seven-year high!

 Last Update: 2023-03-08
 Source: Internet
 Author: User

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On March 1, local time, after 31 members of the International Energy Agency's Board of Governors, including the United States, agreed to release 60 million barrels of oil from their emergency reserves, the price of US oil soared to a seven-year high
.

Xinhua News Agency (photo by Tian Dan)

On the morning of March 1, the price of U.
S.
oil surged about 10% to $
105.
14 a barrel.
This is the highest level
since 2014.
Oil prices, the world's benchmark Brent stock futures, surged about 8 percent to $
105.
40 a barrel.

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