Brent Oil Price and Asian LNG Prices in Boost - and Trump Frees Shadow Fleet
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Iranian threats and attacks around the street of Hormus are on the rise. The Brent oil price is now higher than 110 dollars, an increase of 13 dollars since the beginning of the month! In the chart we see the development since January. From early March, i.e. the Iran war broke out, one saw the dramatic price increases in oil. Then a phase of recovery because one [...] The post Brent oil price and Asian LNG prices in buoyancy – and Trump releases…
Oil prices have increased their gains during today's Tuesday dealings, reaching crude for the highest level in five months, amid investors following up on developments in the Middle East's war and continuing targeting of ships in the Strait of Horms. In today's memo, analysts at I.N.G. Bank stated that oil prices are strongly supported, indicating that the market takes into account [...] the price of oil that boosts its gains and Brent at the hi…
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