Yulia Slavina

Oil price surges $25 per barrel in New York, Spencer Hakimian says

Oil price surges $25 per barrel in New York, Spencer Hakimian says
Oil surges $25 per barrel in New York

Oil prices experienced a historic surge in New York with a single day increase of $25 per barrel.

Spencer Hakimian called attention to this unprecedented jump, highlighting that it is the largest single day gain ever recorded in the market.

This remarkable rise follows patterns observed in earlier periods of market volatility, including when the U.S. oil price climbed above $90 a barrel for the first time since October 2023. Such milestones, as detailed in Hakimian’s coverage of the previous U.S. oil price rally, underscore the enduring sensitivity of global energy markets to both economic and geopolitical catalysts.

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