Category: brent crude

Brent Crude Hits $139 Per Barrel Following Challenges in Iran Deal and Potential Russian Oil Ban

March 7, 2022
brent crudeBusiness & EconomycommoditiesEuropeIran dealMarketsNew Sanctions on Russiaoil pricesRussia Ukraine invasionRussia-Ukraine WarUSUS NewsWorld
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Brent crude oil prices breached $139 per barrel in early trade on March 7 due to the possibility of a ban on Russian oil exports as well as delays in a U.S.–Iran deal, which has been further complicated by the war in Ukraine. As it touched $139.13 a barrel, Brent crude prices broke through the…

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Oil Near One-Month Highs as Demand Outlook Improves

April 15, 2021
brent crudeBusinessEconomieseconomyInternationalOilUSWorld
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Oil prices eased on Thursday but remained close to a one-month high driven by more positive demand forecasts from the International Energy Agency and OPEC.