U.S. crude oil prices have risen to their highest levels since April, topping $82 per barrel ahead of the Fourth of July holiday. The increase in prices is driven by escalating tensions in the Middle East and concerns over the early start of the Atlantic hurricane season, particularly Hurricane Beryl. On Tuesday, WTI crude futures rose above $84 per barrel, representing a 13.5% increase from the recent $74 area. Crude traded up to $83.52. The market is closely watching whether these price levels will hold.
Oil prices rise amid Hurricane Beryl concerns, Middle East tensions https://t.co/ETfFl250Pf by @ines_ferre
Oil prices extend gains on July 4 travel expectations, Hurricane Beryl worries | Morningstar https://t.co/QjF46tlHd3
Oil prices extend gains on July 4 travel expectations, Hurricane Beryl worries https://t.co/GJ5kVscfO3
#Oil Rises Toward 2-1/2-Month High WTI crude futures rose above $84 per barrel on Tuesday, the highest since April, due to escalating Middle East tensions and the early start of the Atlantic hurricane season #oott https://t.co/Mbhaz1ge8b
⚠️ US CRUDE FUTURES CLC1 RISE $1 TO $84.38 A BARREL
WTI Trades At Multi-Month High On Middle East, Hurricane Concerns https://t.co/0z3JvbIs92
WTI Crude Oil at $84 may start to matter if it holds. The $10 move higher from recent $74 area represents a 13.5% increase...... https://t.co/bFBFAHAAtq
Crude Oil hits highest price since April https://t.co/xpGzeFFy2N
$CRUDE traded up to the first Daily Tails.... 83.52 - 83.61. Huge nice move today! https://t.co/lEFxdxQ9dN
OIL FUTURES EXTEND GAINS, U.S. CRUDE PRICES RISE TO HIGHEST SINCE APRIL
OIL FUTURES EXTEND GAINS, US CRUDE PRICES RISE TO HIGHEST SINCE APRIL
U.S. crude oil rises, tops $82 per barrel ahead of Fourth of July holiday