brent crude

The Digest: The price of Brent crude oil rose by 3.37 percent to $100.54 per barrel on Thursday, as investors weighed concerns over prolonged conflict in the Middle East and potential supply disruptions. The increase follows a plunge to $96 earlier in the week after President Donald Trump...

The Digest: Oil prices surged past $104 per barrel as the Iran war entered its third week following US strikes on Kharg Island, which handles almost all of Iran's oil exports. Brent crude hit $106.50 before settling near $104, while West Texas Intermediate traded above $99. The Strait of...

The Digest: Brent crude prices have broken above $100 per barrel for the first time in nearly four years as the Iran-US-Israel conflict escalates dramatically. At the time of reporting, Brent crude surged 13.9% to $105.60 per barrel, while US WTI crude rose 10.7% to $100.66. The rally follows...

The Digest: Global crude oil prices have surged to $85 per barrel for the first time since June 2024 as the escalating conflict involving the United States, Israel, and Iran stokes supply disruption fears. Brent crude rose by 8 percent to hit the $85 mark, while US West Texas Intermediate...