CORPUS CHRISTI, Texas — U.S. crude oil prices closed at its highest level in nearly three years.
It rallied $2 - closing at $75.45 a barrel on Monday.
That's the highest since Oct. 3, 2018, 2018.
And the first time it's closed above $75 a barrel since mid-july.
The gains suggest prices for gasoline at the pump will remain high -- despite the fact that demand typically peaks in late summer.