Business & Economy

Gas raises the price of oil to the highest level in 7 years

The rise in gas prices in Europe to record levels increased the demand for oil to be used in industry as a substitute for gas, which also led to a rise in its price to record a number not recorded since 2014.
Today, Friday, US crude rose above $ 80 a barrel, for the first time since November 2014.
US West Texas Intermediate crude futures rose 2.01% to $80.01 a barrel.
Meanwhile, Brent crude futures rose 1.54% to $83.21 a barrel.

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