West Texas Intermediate rose in price late last week and is within call range of $88.00 a barrel.

Raw oil Prices open near short-term highs this week across the West Texas Intermediate. Having started the weekend near the 87.78 ratio, this is a clear sight for higher readings to be produced on Thursday as WTI briefly traded above $89.25.


A number of factors could contribute to the high price of crude oil. Record low energy reserves in…

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