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Surging Fuel Costs and Hormuz Chokepoint Drive WTI Crude Past $97

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Americans have spent over $109 billion more on fuel since March following Strait of Hormuz disruptions that pushed WTI crude past $97 a barrel and diesel above $6 per gallon, adding roughly $730 million in daily consumer and business costs.
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Stored market data

WTI price history

104.67 +73.47% over the displayed period

Advisor Snapshot

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