Blockonomi

Crude Oil Climbs to Highest Level in Four Months Amid Escalating Gulf Tensions

Iran tensions escalated in the Gulf. Brent hit $109 before easing on reports of potential Hormuz negotiations.

Oil extends gains, with Brent above $101 after U.S. destroys Iranian oil tankers

Worries that escalating tensions in the Middle East could further exacerbate supply disruptions pushed oil prices higher.
Outlook Money

Brent Crude Hits USD 110 As West Asia Crisis Intensifies: What It Means For Indian Markets

Brent crude hits $110 amid the West Asia crisis. Here's how higher oil prices and a weaker rupee could affect Indian markets ...
Investopedia

Brent Crude vs. WTI: Key Differences in Oil Benchmarks

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has ...
Marketplace

U.S. energy agency raises oil price forecast as war drags on

The U.S. Energy Information Administration raised its Brent crude forecast to average around $90 a barrel for the second half of the year, about 5% higher than its last estimate.

Oil Prices Slip After Recent Surge Amid Supply Risks

Oil fell after surging in the previous session, as traders assessed growing risks to Middle East crude exports following ...

Oil Surges Toward $110, Diesel Above $6 as Iran Escalates

Oil prices surged again Friday, with Brent crude briefly approaching $110 a barrel and U.S. West Texas Intermediate crude trading above $100 as escalating attacks in the Middle East intensified fears ...

Oil Boils Over: BRICS Meets As Brent Crosses $108

Brent Boils As BRICS Meets: Oil Price Math. Crude tops $108 a barrel-up 75% since December-as a bloc producing about 44% of the world's oil meets with no OPEC+ lever to bring it down.