Oil prices have late spike, still at lowest levels since last December

- Oil closed at a weekly high of $80.62, reversing course after futures earlier dropped to the lowest since December of 2021. For the weekly oil watchers it has been a roller-coaster ride every week with market reactions to some of the smallest news reports. However, long-term watchers have seen oil price make steady decline since June 2022 after prices peaked at 122.11. Motorists and...

To access content, please login or purchase a subscription.