Crude Oil Price Update: Venezuela, Iran Worries Lead WTI Back Over $70
May 9, 2018
For the first time since November 2014, the price of WTI crude went beyond $70 a barrel, trading at a high of $70.59 at 11:10 p.m. EDT Sunday. The U.S. benchmark trails the global Brent crude price, which had breached the $70-level briefly in January, and has stayed above that mark consistently since the second week of April.