Oil Prices Surpass $100 Threshold Per Barrel
11 Articles
11 Articles
Brent hits highest level since May as resurgence of US-Iran tensions heightens concerns about supply and exports
(New York = Yonhap News) Correspondent Lim Soo-jung = International oil prices surged more than 3% on the 9th (local time) as armed conflict between the United States and Iran intensified.
Oil’s Rise Past $100 per Barrel Deepens GOP’s Challenge
“As Republicans gather with President Donald Trump in Dallas this week in an effort to boost their sagging midterm elections prospects, their political challenges mounted with an ominous number flashing across financial terminals and news sites: $100,” the Washington Post reports. “Brent crude, the global benchmark for oil, crossed that threshold Wednesday amid fresh fighting […]
Oil prices continue to rise on Wednesday evening and have been on top since July against the backdrop of the escalation of the conflict in the Middle East.
The cost of Brent oil futures on Wednesday rose above $101 per barrel for the first time since July 24th. The November Brent oil futures on Wednesday were traded at $100.88 per barrel, wrote RIA News. Shortly before that, the figure had reached $101 per barrel for the first time since July 24. The growth was 3.02% relative to the previous closing of the tender. One time price and the U.S. brand WTI. The October contracts added 3.09 per cent to t…
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