Oil Tops $110 for the First Time Since May as Middle East Tensions Rattle Markets
Brent crude oil prices punched through $110 a barrel on Friday, October 16, closing the week with a jolt that rattled Wall Street and emptied drivers’ wallets a little further. The global benchmark touched $110 intraday before settling at $109.86, up 3.7% on the session — its first close above the $110 mark since May. … Read more