Pump prices could rise after US, EU hit Russian oil companies with new sanctions and oil spikes

U.S. benchmark crude jumped 5.8%, to $61.91 per barrel midday Thursday and analysts say if the situation remains static, U.S. consumers will soon be paying more at the pump. Patrick De Haan, head of petroleum analysis for GasBuddy, said while it was difficult to predict with certainty because of th...

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