Oil price is near to $100 a barrel

first_img whatsapp whatsapp BRENT crude prices rose yesterday to near $99 a barrel after production shutdowns, falling US inventories and growing demand sent oil toward triple digits for the first time since 2008.Crude gained after a US government report showed oil inventories fell for the sixth straight week, slashing supplies by nearly 27m barrels in that stretch, the biggest six-week decline since January 2008.Oil prices have been steadily climbing since the third quarter of 2010 on signs the improving economy was spurring demand for fuel. Tags: NULL Show Comments ▼ KCS-content Oil price is near to $100 a barrel Read This Next’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe WrapHow HGTV’s ‘Renovation Island’ Changed Bryan and Sarah Baeumler’sThe Wrap’Bridgerton’ Stars Phoebe Dynevor and Nicola Coughlan on Daphne andThe WrapBest Wine Gifts & Wine Accessories at Every PriceGayot’Hitman’s Bodyguard’s Wife’ Earns $17 Million 5-Day Opening as Box OfficeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The WrapEverything We Know, or Think We Know, About the Time-Keepers on ‘Loki’The Wrap’The Crown’: What Went Into Finding Princess Diana and Margaret ThatcherThe Wrap Wednesday 12 January 2011 8:40 pm Sharelast_img read more