U.S. crude oil prices top $90 a barrel for the first time since November 2022

September 14, 2023

West Texas Intermediate crude (WTI) gained 1.6% to reach a high of $90.04 per barrel, touching its highest level since November 2022. WTI crude last traded at $90.02 a barrel. Oil prices jumped on Thursday, with U.S. crude topping $90 a barrel, as expectations of a tighter supply grew. Rising crude prices could mean higher gasoline prices at a time when the economy is trying to recover and solve the inflation problem. WTI crude is up almost 3% this week, on pace for the third straight weekly gain.