Oil Nears $100 as Fresh Middle East Strikes Raise Risks
7 Articles
7 Articles
Key takeaways: Crude oil prices are approaching the 100-dollar mark for the first time since July, driven by escalating hostilities in the Middle East and the resulting threat to energy stability. At 9:05, Brent was quoted at 99.62 dollars per barrel, compared to 94.32 dollars for WTI. That upward trend follows a rise in […]
The new tension in the Middle East is sending international oil prices soaring and raising the risk of a new wave of precision in fuel, transportation and basic goods.
Oil nears $100 amid Middle East strikes raising supply disruption fears
Oil nears $100 as Middle East strikes raise supply fears. New all-time high by September 30 at 1.4% YES, by December 31 at 10.5% YES.
Oil prices rose for a fourth straight session in early trading on Wednesday, gaining more than $1 as fresh attacks in the Middle East raised supply concerns. Brent crude futures were up 1.4% at $99.33 a barrel by 06:12 Baku time, while U.S. WTI crude rose 1.4% to $94.34. Brent’s price hit a record high in August […]
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