Brent crude surges 4% to over $95 a barrel, nears 6-week high as conflict threatens key oil transit routes
Covered by 13 sources
- Economic Times·2h agoOil Price Today (July 24): Crude oil dips below $100 but up 13% this week as supply tensions mount. $120 per barrel possible?
Brent futures fell 81 cents, or 1%, to $99.68 a barrel at 0126 GMT, but were still set for a 13.5% rise this week. West Texas Intermediate (WTI) futures dropped 70 cents, or 0.76%, to $91.49 a barrel and were on track for a 11% weekly gain.
Read at Economic Times → - Forbes Business·5h agoOil Prices Top $100 On Cargo Squeeze From The Middle East
Oil prices hit their highest levels since May, topping $100 per barrel on heightened tensions in the Middle East.
Read at Forbes Business → - NZ Herald World·9h agoOil passes $100 a barrel again: Why it’s more serious this time
Brent crude surpassed $100 a barrel as Middle East conflict intensified.
Read at NZ Herald World → - The Hindu World·11h agoHouthi attack on Saudi tankers drives Brent past $100 per barrel, stresses India’s crude routes
The price for a barrel climbed 6.2% to $99.94 and briefly topped the century mark, the first time the most actively traded contract has done so in two months
Read at The Hindu World → - ABC News AU·12h agoPetrol supply could 'tighten' as oil jumps over $US100 a barrel
The entry of the Houthi rebels into the war between the US and Iran has threatened another vital shipping route through the Middle East.
Read at ABC News AU → - TechJuice PK·13h agoBrent Crude Crosses $100 Amid Rising Red Sea Tensions
Brent crude rose above the $100-per-barrel mark on Thursday, extending its recent rally as escalating security concerns in the Red Sea intensified fears over global oil supplies and disruptions to key shipping routes. At the time of writing, Brent crude was trading at $100.10…
Read at TechJuice PK → - The News Biz PK·13h agoOil surges above $100 as Red Sea attacks stoke fears of wider Iran conflict
Oil surges above $100 as Red Sea attacks stoke fears of wider Iran conflict Oil prices have surged $100 a barrel for the first time since May in the wake of Houthis attacks on oil tankers in the Red Sea. Brent crude spiked more than 5 percent on Thursday as the Middle East…
Read at The News Biz PK → - BBC World·14h agoOil prices hit $100 for the first time since May
The price of Brent crude rose more than 5% on Thursday as the war in the Middle East continues to escalate.
Read at BBC World → - City A.M.·14h agoBurnham’s cost of living push under threat as oil hits $100
The benchmark oil price has hit $100 per barrel amid a re-escalation of war in the Middle East, undermining Andy Burnham’s cost of living drive. Brent crude oil prices inched past the $100 milestone on Thursday afternoon following attacks by the Houthis, an Iran-backed militia…
Read at City A.M. → - RNZ Business NZ·1d agoGlobal oil prices climb closer to US$100 a barrel
Global oil prices have climbed closer towards US$100 a barrel on Thursday afternoon, with the conflict between Iran and the US showing no sign of de-escalating.
Read at RNZ Business NZ → - ET Markets·1d agoBrent crude surges 4% to over $95 a barrel, nears 6-week high as conflict threatens key oil transit routes
Oil prices hit a six-week high on Wednesday, with Brent crude racing past ninety-five dollars a barrel. The growing tensions between the U.S. and Iran have sparked fears of supply disruptions affecting critical shipping lanes. Moreover, threats from the Houthi militia are…
Read at ET Markets →
