International Oil Price Continues to Rise, U.S. Oil Approaches $90 Briefly

BlockBeats News, March 7th, as the situation in the Middle East continues to escalate, international oil prices keep rising, with WTI crude oil surging over 13% intraday, approaching the $90 per barrel mark.

Brent crude oil is now trading at $89.15 per barrel, up over 8% intraday. Earlier, Brent crude futures had risen above the $90 mark.