Brent Oil Tops $116, Highest Since Late April - Markets

Brent oil tops $116, highest since late April - Markets

Oil prices rose to their highest levels since late April on Friday, with benchmark crude contract Brent North Sea climbing above US$116 a barrel as the Middle East conflict raged on.

3 Oil Stocks Worth Watching As Brent Crude Tests $117

Oil markets have snapped back into the spotlight after Brent crude hit about US$117 a barrel on fears of wider conflict around Iran, and that sudden price shock is reshaping risk and opportunity across global portfolios. Some businesses could see cash flow resilience or stronger pricing power,…

Crude Tops $117 Amid Middle East Tensions, Global Supply at Risk - Economi Confidential

Crude Tops $117 Amid Middle East Tensions, Global Supply at Risk   International crude oil prices rose above $116 per barrel on Friday as escalating attacks in the Middle East heightened concerns over supply disruptions, while soaring tanker freight costs added to the expense of moving oil to global markets. Brent, Nigeria’s benchmark crude oil, […]

Brent Crude Tops $117 as U.S.-Iran Tensions Fuel Market Worry

The benchmark closed at $116.72 after reaching $117.45 intraday, while U.S. inflation expectations rose and the S&P 500 fell.