Oil price jumped 31% over $100, then fell back

Oil price jumped 31% over $100, then fell back

Oil prices for future delivery jumped up to 31% to over $100 a barrel on Sunday night, then fell back, the WSJ reported, amid growing Middle East conflict. Think of it like pre-ordering oil. For families, that kind of jump can mean pricier petrol. I think fear moved prices faster than actual oil supply.

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