
Oil is up 60% this year. How high can prices go?
CNN
The run-up in oil prices since Russia invaded Ukraine has been dramatic. But analysts and traders think the recent rally could be just the beginning, as warnings of $200 crude start to trickle through the market.
What's happening: The price of oil soared to its highest level since 2008 on Monday as Western nations weighed an embargo on crude from Russia, the world's second largest exporter.
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