Brent Oil Surges to $80 as War Risk Keeps Investors on Edge
Oil opened the week lower as the market waited to see if Israel would retaliate against Tehran for a missile attack last week, with President Joe Biden discouraging a strike on Iran’s crude fields.Most Read from BloombergSingapore Ends 181 Years of Horse Racing to Make Way for HomesFrom Cleveland to Chicago,
Global Brent crude prices settled Monday above $80 a barrel for the first time since August, as the risk of an Israeli ...
WTI crude fell to its 52-week low of $64.78 per barrel on Sep. 10, 2024. It reached its 52-week high of $91.09 on Oct. 20, ...
The United States Brent Oil Fund Inc. (NYSE:BNO) is down Tuesday, reflecting a broader decrease in oil prices. This decline ...
Oil prices pared gains in early trade on Monday after charting their biggest weekly rise in over a year on Friday amid ...
In this month's outlook, EIA educed its 2025 forecast for US Lower 48 states (L48) crude oil production from last month by 1% ...
WTI oil is under strong pressure as traders cut their bets on a direct war between Israel and Iran. According to recent ...
Big energy merchants trading oil cargoes that form the basis of the Brent benchmark have used an obscure clause to reroute ...
An attack on Iranian oil fields would raise oil prices, but overall, the odds are for a return to the lower levels of ...
Oil prices retreated after initial gains as concerns about Chinese demand overshadowed ongoing tensions in the Middle East.
Daan Struyven, an analyst at Goldman Sachs, told clients that a six-month disruption, hitting about 1mn b/d, would push Brent ...
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