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Oil hits its best level in more than 3 years

West Texas Intermediate spiked Friday to its highest level since December 2014.

  • The surge comes after a volatile week in the Middle East.
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Oil prices jumped to a three-year high early Friday morning.

West Texas Intermediate crude rose to $

Both West Texas Intermediate and Brent are up more than 5% on the week. Brent hit a three-year high Wednesday as it climbed nearly 2% to $73.09, the highest level since November 2014.

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