Oil prices hit $100 a barrel.

Posted on

"Oil prices hit $100 a barrel."

AP reports, “Oil futures prices have shot back above $100 a barrel for the first time since Jan. 3. A weekend refinery explosion in Texas and the possibility that OPEC will cut production next month are driving prices higher, although analysts say there isn’t a single factor to explain the move.”

« »

By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.