Brent crude prices rise amid moves to reopen Arctic oil leasing
- 1As of 7:30 a.m. ET today, Brent crude benchmark recorded $95.72 per barrel.
- 2Oil prices rose $2.74 since yesterday morning and are up approximately $30 compared to this time last year.
- 3The Trump administration moved to reopen more than 1.5 million acres of the area within the Arctic National Wildlife Refuge coastal plain for oil and gas leasing in 2025.
So what's the key point?
Oil prices rose to $95.72 per barrel. The Trump administration is planning to restart oil and gas development in the Arctic region.
Source Fortune · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.