“Leap” for Oil - Over 100 Dollars the Price Of
6 Articles
6 Articles
Oil prices started the week on a rise today, with a barrel changing hands for more than $100, against a backdrop of hostilities in the Middle East, following the closure of a key oil pipeline in Saudi Arabia and attacks on tankers in the Strait of Hormuz. Shortly after 02:30 (Greece time), after trading began on […] The article Middle East: Oil prices rise above $100 appeared first on Free Press.
Oil prices started the week higher today, with the barrel changing hands at more than $100, against a backdrop of hostilities in the Middle East, following the closure of a key oil pipeline in Saudi Arabia and attacks on tankers in the Strait of Hormuz. Shortly after 02:30 (Cyprus time), after the start of trading in Asian markets, the price of a barrel of North Sea Brent for delivery in November rose 2.80% to $107.54. It crossed the $100 thresh…
The price of Brent crude oil for delivery in November rose 2.80% to $107.54, while the price of US WTI crude for delivery in October rose 2.29% to $102.34.
Oil prices began the week with a sharp rise, with the barrel rising above $100, in a context marked by the closure of a strategic pipeline in Saudi Arabia and further attacks on the Strait of Ormuz.
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