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Oil Prices Rise After Biden Announces Emergency Action

Oil Prices Rise After Biden Announces Emergency Action

by 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 […]