Brent Crude Price Surges Above $104: BPCL, HPCL, IOCL Shares Tumble
15 Articles
15 Articles
Brent crude jumped nearly 4 percent on Thursday to near $104 a barrel, recovering from a decline in the previous trading session.
The price of Brent crude oil rose almost 4% this Thursday, driven by increased tensions in the Middle East, which accentuated the uncertainties about global supply. Exclusive material for subscribers. To have full access, access the link of the material and make your registration.
Brent crude jumps nearly 4% as Middle East tensions flare, while share prices retreat
The price of Brent crude oil has jumped nearly 4% as rising tensions in the Middle East add to uncertainties over supplies. Share prices fell in Europe and Asia on Thursday after stocks on Wall Street retreated from their records.…
The value of the Brent oil futures, delivered in December on the London ICE market, rose above $104 per barrel for the first time since the end of September. At 10:06 ms, the price of oil rose by 3.83% and reached $104.04 per barrel, giving TASS. By 10:11 msk the price increase accelerated to 3.86%, the price of the barrel was 104.07 dollars. The WTI oil products delivered in November also showed an increase of 3.55%, reaching $91.41 per barrel.…
World oil prices rose today, Thursday, amid continuing concerns about the Middle East's supply, with increasing attacks on freight traffic in the Gulf and the Strait of Hormuz. The future contracts of Brent went up by 3.87 per cent to $1.104 per barrel, while the futures of West Texas ore rose by 3.55 per cent to $91.44 per barrel.
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