Sunday, March 08, 2026

Crude oil blasts over $105 a barrel, as trading opens sunday night

By Grand Rapids Anonymous
sunday, march 8, 2026 at 6:58:00 p.m. edt

Crude oil blasts over $105 a barrel, as trading opens sunday night

GRA: S&P Futures drop about 100 points but crude is the story as the light sweet version surges $17 a barrel--or 18%--to trade at 107 dollars per barrel early Sunday evening.

Talk of President Trump sending "limited" ground forces in to remove uranium from underground locations in iran and more bombings of oil facilities are adding to the rapid price rise.

--GRA



1 comment:

Anonymous said...

So far,oil hit a peak at $117 a barrel. I'm reading that "the Trump administration may start trading oil contracts to get the price down,though they're not sure if it will work."

Now at $113.00 a barrel.

--GRA