Newspaper headline "Oil prices jump" gettyCrude oil prices just had their strongest week since October, and one strategist thinks they are primed to jump even higher - much higher - in the weeks and months to come. The Brent international index price rose significantly over the last five trading days, and stood at $72.70 at Friday’s close. Maley believes this is especially true where crude oil is concerned. One thing is for sure: If such a jump in crude prices should come about, the pain at the gasoline pump for U.S. consumers has only just begun. Whether they will be enough to stop or even slow the steady boom that has taken place in the U.S. oil and gas business throughout 2021 is anyone’s guess.

Source: Forbes August 28, 2021 12:53 UTC