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Thursday, Feb 2, 2023
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Oil Prices Hit Record Near $67

Oil prices settled at a record high near $67 Friday, as U.S. refinery outages looked set to test gasoline supplies in the world’s biggest-consuming nation.


Light sweet crude for September delivery gained $1.06 to settle at $66.86 a barrel Friday on the New York Mercantile Exchange, the highest close since Nymex trading began in 1983. Crude peaked at $67.10 earlier in the day, up from Thursday’s settlement price of $65.80. In London, Brent crude for September delivery closed at $66.45 a barrel, up $1.07.


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