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Freezing temperatures and signs of an improving economy drove oil to $81.51 a barrel Monday, the highest it’s been since October 9, 2008, The New York Times<\/em><\/a> reports.<\/p>\n Increased manufacturing activity and auto sales in December could help prices continue to rise, as traders anticipate a recovering economy.<\/p>\n The eighth consecutive trading day of higher prices was also attributed to a dispute between Russia and Belarus<\/a> that could result in higher export taxes on oil sent to Belarus for European markets.<\/p>\n Heating oil futures also rose to the highest level in over a year, and gasoline was up 6 cents in the past week after a period of continued decline.<\/p>\n Most energy analysts still say it’s too early to begin predicting any significant price increases for oil or gas, however, as oil has fluctuated between roughly $70 and $80 per barrel since July.<\/p>\n Read the whole thing here. Join the conversation about this story »<\/a><\/p>\n See Also:<\/b><\/p>\n Freezing temperatures and signs of an improving economy drove oil to $81.51 a barrel Monday, the highest it’s been since October 9, 2008, The New York Times reports. Increased manufacturing activity and auto sales in December could help prices continue to rise, as traders anticipate a recovering economy. The eighth consecutive trading day of higher […]<\/p>\n","protected":false},"author":813,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-140364","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/140364","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/813"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=140364"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/140364\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=140364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=140364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=140364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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