U.S. oil prices have spiked to a seven-year high of $90, reaching their highest rates since Barack Obama was in the White House.
Crude prices jumped 2.2% in afternoon trading, peaking at just over $90 per barrel, a rate not seen since late 2014.
https://justthenews.com/nation/economy/oil-prices-hit-90-barrel-highest-obama-administration
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