from King World News
We have recently seen record high prices in coffee, cocoa and cattle as the price of oil also spikes and the travel boom continues. Take a look…
Massive Spike In Oil Prices
January 14 (King World News) – Peter Boockvar: Many of the world’s refiners, particularly those in China and India, that were previous to last week able to buy Russian oil are now scrambling to buy it from elsewhere after the newly implemented sanctions on the Russian energy space, particularly the ships that transport its oil. In response, the price of oil continues higher by almost $2 for both brent and WTI to a level last seen in July last year.