Crude Oil Prices Close Above $70, Jet Fuel Expenses Will Climb
Crude oil prices yesterday jumped more than $1 to close at $70.40 per barrel in New York, the highest close in more than 20 years. The only time crude oil traded higher was after Hurricane Katrina slammed into the U.S. in August 2005. The market is jittery because of supply disruptions in Nigeria...
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