Oil Prices Rise Due to the Escalation in the Middle East
27 Articles
27 Articles
The fact that there is no prospect of an end to the conflict in the Middle East is creating a bad mood in the market.
Oil prices rose sharply on Monday as tensions between the United States and Iran escalated, raising renewed concerns about disruptions to energy supplies through the Strait of Hormuz.
The price of oil has risen sharply this morning on the commodity markets: the Wti with delivery in October is traded to 85.93 dollars per barrel with a growth of 3.03% while the Brent with delivery in November exceeds 90 dollars to 90.89 dollars... (ANSA)
Oil prices rise due to the escalation in the Middle East
Oil prices rise due to the escalation in the Middle EastNovember futures for Brent crude oil on the ICE exchange rose by 2.47% to $ 90.28 per barrel, and October futures for WTI increased by 2.22% to $85.26.The increase followed reports of...
Oil prices are rising against the backdrop of renewed fighting in the Middle East.
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