Crude Crunch: Oil reaches $60 mark twice

Oil prices keep hitting record highs as the cost for crude climbed to $60 US this morning for the second straight day. Today’s $60 mark matched Thursday’s record — — the highest since the New York Mercantile Exchange began trading it in 1983, Reuters reports. Rapidly rising consumption in the U.S. threatens to strain oil … Continue reading Crude Crunch: Oil reaches $60 mark twice