Oil Prices at 14-Year High Oil prices rise above $41 a barrel on the New York Mercantile Exchange. That's the highest per-barrel price in nearly 14 years, though the numbers are not adjusted for inflation. Analysts blame the continuing increases on surprisingly strong demand and on instability in the Middle East. NPR's Jim Zarroli reports.
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Oil Prices Climb to 14-Year High

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Oil Prices Climb to 14-Year High

Oil Prices Climb to 14-Year High

Oil Prices Climb to 14-Year High

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  • <iframe src="https://www.npr.org/player/embed/1896323/1896324" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Oil prices rise above $41 a barrel on the New York Mercantile Exchange. That's the highest per-barrel price in nearly 14 years, though the numbers are not adjusted for inflation. Analysts blame the continuing increases on surprisingly strong demand and on instability in the Middle East. NPR's Jim Zarroli reports.