(CNN) — The oil rally hit another milestone Monday, with crude topping $85 a barrel for the first time in seven years. US oil jumped another 1.2% to trade as high as $85.07 a barrel. It's the first intraday trade above $85 since October 2014. Brent crude, the global benchmark, gained 1% Monday and hit an intraday high of $86.51 a barrel, a fresh three-year high. This story was first published on CNN.com, "Oil surpasses $85 for the first time in seven years."

Source: CNN October 26, 2021 05:56 UTC