Crude oil on the West Texas Intermediate rose $5.85 this week, currently priced at $52.05. Brent crude oil rose $6.32, currently priced at $61.09 per barrel.
The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $5.85 per barrel over last week, currently priced at $52.05. Brent crude oil rose $6.32, and it is currently priced at $61.09. One year ago, WTI crude sold for $62.96 and
Brent crude was at $69.08.
As of Tuesday, the price of regular unleaded gasoline averaged $1.98 across Iowa according to AAA. This is a penny higher than last week and $.46 lower than one year ago. The national average on Tuesday was $2.23, down $.02 from last week's price.