Brent Crude Settles at US$116.72, Up 3.1% | Oil, Oct 23
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7 Articles
Brent Crude Hits Six-Month High as Middle East Supply Fears Grow - THE DESTINATION
Middle East – (Staff Reporter/Web Desk) – Brent crude hits six-month high on Friday as oil prices climbed more than 3% amid growing concerns over energy supplies in the Middle East. Brent crude futures settled at $116.72 per barrel, rising $3.55, or 3.14%. This was the highest closing price since April 29. US West Texas […]
At the close of trading on Friday, Brent crude futures rose $3.55, or 3.14%, to $116.72 per barrel – the highest closing price for Brent crude since April 29. Brent crude prices surged above $111 per barrel due to escalating tensions in the Middle East. Gasoline prices fell while diesel prices rose from 3 PM on October 22. Oil prices remained relatively stable as prospects for Russia-Ukraine peace talks progressed.
Crude oil prices surged on Friday as tensions in the Middle East weighed on markets. Brent crude oil futures rose above $115 a barrel, while WTI crude oil...
In the week it accumulates an increase of around 2%, with flows through the Strait of Ormuz 26% below pre-war levels.
LONDON, UK.— This Friday, international oil prices continued with their upward trend, due to tensions in the Middle East, which pushed the Brent to reach an increase of 3.14% and the WTI by 3.8%. Brent rises 3.14% The price of Brent oil rose this Friday by 3.14%, to 116.72 dollars per [...]
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