Oil: Brent Just Shy of $100 - Why the Price Skyrocketed
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Brent crude futures, which rose to $99.46 yesterday, closed the day at $97.92. As of 10:15 AM today, Brent crude futures for November were up 2.31% from the closing price, reaching $100.19.
The price of Brent crude oil edged closer to $100 a barrel on Wednesday for the first time since July, as intensified conflicts in the Middle East fueled concerns about possible disruptions in oil supplies.
Oil price rises again: Brent price dangerously close to 100 dollars, are new price increases coming to Bosnia and Herzegovina? - The highest growth was recorded by reference types of oil on the world market
Oil prices rose for a fourth straight session, gaining more than $1 in early trading on Wednesday as fresh attacks in the Middle East heightened concerns about potential disruptions to global supplies. Brent futures were up 1.4% at $99.33 a barrel by 02:12 GMT, […] The article Oil: A breather from $100 Brent – Why the price skyrocketed appeared first on Free Press.
Brent is moving close to the $100 mark per barrel as new tensions surrounding Iran heighten fears of disruptions to global supply.
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